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Property profile & analytics

933 Grand River Ave East Lansing, MI 48823

  • Office buildings
  • 2,222 SF
  • 0.23 lot acres
Value Estimation
$330,000
Location Intelligence
Property ID
US43-1402260
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 933 Grand River Ave

Year built
1953
Lot size
0.23 lot acres
Property size
2,222 SF
Zone code
B2
Property type
Office buildings
APN
33-20-02-18-402-005
APU
33200218402005

Description

This exceptional 2,222 square foot freestanding building presents a unique opportunity for a discerning business. Located directly across from Michigan State University and the bustling Hub on Campus, this high-visibility property boasts unparalleled access and exposure. The building's single-tenant occupancy offers flexibility and control, while its convenient location near student housing, popular amenities, and major retailers ensures a steady stream of potential customers. The property features 16 private parking spaces, a significant advantage in this high-traffic area, accessible from both East Grand River Avenue and Durand Street. The building's zoning is Commercial, situated in Ingham County. In addition to the main 2,222 square feet of space, there is also additional lower-level space available, providing further expansion potential. The property's proximity to a 7-Eleven, Pita Way, Target, Walgreens, Starbucks, and Buffalo Wild Wings makes it an ideal location for a variety of retail or service businesses, such as a coffee shop or insurance agency. This is a rare opportunity to secure a prime commercial space in a thriving, high-demand location. The entire building is currently vacant, offering immediate occupancy.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $305,000
  • CAP approach

    CAP return
    Estimation
    6%
    $405,000
    6.5%
    $440,000
    7%
    $445,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $365,000
    Geo Method
    $400,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $400,000
    Retail
    $460,000
    Mixed-Use
    $385,000
    Hospitality
    $420,000
    Educational
    $500,000
    Residential Income
    $505,000
    Energy
    $460,000
    Income-Based Land
    $375,000
    Food Service
    $420,000

Location Insight

  • Map
  • Local Demand
City
East Lansing
County
Ingham
State
Michigan
Longitude
-84.4713
Latitude
42.7322
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
$6,434
$39,600
$55,900
$95,500
-
$79,200
$111,800
$191,000
More about this property
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