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    OFF-MARKET
    Retail properties & Spaces

    2900 St Joe Hwy, Lansing, MI 48917

    6,144 SF 1.27 ac lot Built 1975
    Property ID
    Property summary
    AI-generated overview

    This vacant 6,144 square foot auto repair facility presents a compelling investment opportunity in Lansing, Michigan. Located at 2900 W St Joe Hwy, this property boasts eight overhead doors/drive-ins, multiple automotive hoists and equipment, and a small finished office area. Situated on a spacious 1.269-acre lot, ample space is available for vehicle storage and maneuvering. The property's strategic location on busy W. St. Joseph Highway, just east of Waverly Road, provides convenient access to I-496, ensuring high visibility and accessibility. 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. Built in 1975, the building is zoned G and features one building on the property. The property is offered at an asking price of $425,000 with a NNN lease type and is currently vacant. The APN is 33-21-01-18-451-023. This property is ideal for an established auto repair business or a related commercial venture seeking a well-located and equipped facility.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1975
    Total area 6,144 SF
    Lot 1.27 ac (55,278 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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