2843 Grand RivEast Lansing, MI 48823

  • Retail properties
  • 21,562 SF
Off market
$20,157,890 Estimated

Property Details for 2843 Grand Riv

Year built
1988
Lot size
2.01 AC
Property size (Sq ft)
21,562 SF
Zone code
C-2
Property type
Retail properties
Property subtype
Strip malls
APN
33-02-02-17-379-010
APU
33020217379010

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,982,846
    6.5%
    $1,830,319
    7%
    $1,699,582
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,082,612
    Geo Method
    $5,082,612
  • Alternative Use

    Use
    Valuation
    Residential
    $1,543,942
    Hospitality
    $1,414,243
    Educational
    $1,176,634
    Medical
    $1,217,100
    Retail
    $1,830,319
2843 Grand Riv, East Lansing, Michigan
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Location Insight

City
East Lansing
County
Ingham
State
Michigan
Latitude
42.7271
Longitude
-84.456
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$59,515
$328,600
$820,300
$1,148,900
-
$657,200
$1,640,600
$2,297,800

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