2900 St Joseph St, Lansing, MI 48917
This 6,144 square foot former auto repair facility presents a unique investment opportunity. Situated on a 1.26-acre lot in Ingham County, the property boasts eight overhead doors/drive-ins, perfect for accommodating numerous vehicles. The building, constructed in 1975, includes multiple automotive hoists and equipment, remaining from its previous use, and a small, finished office area. The ample lot size allows for convenient on-site vehicle storage and potential expansion. Its strategic location on West St. Joseph Highway, just east of Waverly Road, provides easy access to I-496, ensuring high visibility and convenient access for customers and employees. The area is home to a variety of established businesses, including Ferguson Plumbing, R & T Automotive, B & A Car Care, Mechanical Contractors, and IMPCO Microfinishing, creating a strong commercial environment. The property's APN is 33-21-01-18-451-023. The entire building is currently vacant, offering a blank canvas for a new owner to customize and adapt to their specific needs. This property is ideal for an established auto repair business seeking a new location or an entrepreneur looking to establish a presence in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.