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Property profile & analytics

2350 Cedar St Holt, MI 48842

  • Drive through restaurants
  • 2,873 SF
  • 1.54 lot acres
Value Estimation
$445,000
Last Sale
Jul 31, 2024
$450,000
Location Intelligence
Property ID
US43-5274855
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

  • Drive through restaurants

Property Details for 2350 Cedar St

Year built
2007
Lot size
1.54 lot acres
Property size
2,873 SF
Zone code
C-3
Property type
Drive through restaurants
APN
33-25-05-15-277-024
APU
33250515277024

Description

This exceptional 2,810 square foot restaurant space is available for lease at 2350 Cedar Street in Holt, Michigan. Located in Ingham County, this single-tenant property sits on a generous 1.54-acre lot, providing ample space and visibility. The building offers a total of 2,810 square feet of entirely vacant space, ready for immediate occupancy and customization to suit a new tenant's needs. The property boasts 39 parking spaces, ensuring convenient access for customers and staff. The property's location in Holt, MI, zip code 48842, offers excellent access to local traffic and provides a strong foundation for a thriving restaurant business. The property type is classified as retail, specifically designed for restaurant use. This presents a unique opportunity for a restaurant operator seeking a well-situated, spacious, and ready-to-occupy location in a desirable area. The entire building is available, allowing for complete design and layout flexibility. With its substantial lot size and ample parking, this property offers significant advantages over comparable spaces. The property is currently listed for lease and is ready for a new tenant to establish their business. Interested parties are encouraged to inquire for further details and leasing information.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $420,000
  • CAP approach

    CAP return
    Estimation
    6%
    $505,000
    6.5%
    $525,000
    7%
    $525,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $510,000
    Geo Method
    $565,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $585,000
    Retail
    $555,000
    Mixed-Use
    $440,000
    Hospitality
    $555,000
    Educational
    $555,000
    Residential Income
    $540,000
    Energy
    $525,000
    Income-Based Land
    $510,000
    Food Service
    $525,000

Location Insight

  • Map
  • Local Demand
City
Holt
County
Ingham
State
Michigan
Longitude
-84.527
Latitude
42.6504
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
2022
$18,389
$117,400
$128,200
$245,600
-
$234,800
$256,400
$491,200
More about this property
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