Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2524 Cedar St Lansing, MI 48910

    • Retail space
    • 5,982 SF
    • 0.74 lot acres
    For Lease
    View listing
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US43-1154146
    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

    • T Bombs Firework / Fireworks Store
    • Family Video Property For Lease / Movie Rental Store / Video Game Rental Store

    Property Details for 2524 Cedar St

    Year built
    2001
    Lot size
    0.74 lot acres
    Property size
    5,982 SF
    Zone code
    G-1 BUS
    Property type
    Retail space
    APN
    33-01-01-28-256-063
    APU
    33010128256063

    Description

    This exceptional 5,980-square-foot retail property, located at 2524 S Cedar St in Lansing, Michigan, presents a remarkable opportunity for businesses seeking a high-visibility location. The single-tenant building sits on a 0.74-acre lot and offers 57 parking spaces, ensuring convenient access for customers. The entire 5,980 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to perfectly suit their needs. The property's strategic location in Ingham County, within Lansing, MI (zip code 48910), promises significant foot traffic and brand exposure. The building boasts a modern exterior and adaptable interior layout, making it suitable for a wide range of retail or commercial uses. The expansive storefront ensures high visibility from the street, while the ample parking caters to customer convenience. This property offers a unique chance to establish a thriving business in a desirable and accessible location. The property's size and features make it ideal for businesses requiring significant space and convenient parking for customers and employees. The address is 2524 S Cedar St, Lansing, MI 48910.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $425,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $535,000
      Mixed-Use
      $530,000
      Hospitality
      $510,000
      Educational
      $535,000
      Residential Income
      $530,000
      Energy
      $385,000
      Income-Based Land
      $445,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5485
    Latitude
    42.7054
    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
    2020
    $17,939
    $64,200
    $216,600
    $280,800
    -
    $128,400
    $433,200
    $561,600

    Comparable in this City

    • Value Estimation by Request
      4,290 SF

      1141 Washington Ave, Unit 30

      RETAIL STORES (PERSONAL SERVICES) • 4,290 SF
      1141 Washington Ave, Lansing, MI 48910-1648
      View Details
    • Value Estimation by Request
      3,440 SF

      1806 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,440 SF
      1806 Washington Ave, Lansing, MI 48910-9151
      View Details
    • Value Estimation by Request
      23,240 SF

      1020 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 23,240 SF
      1020 Washington Ave, Lansing, MI 48910-1647
      View Details
    • Value Estimation by Request
      641 SF

      1022 Mt Hope Ave

      RETAIL STORES (PERSONAL SERVICES) • 641 SF
      1022 Mt Hope Ave, Lansing, MI 48910-9075
      View Details
    • Value Estimation by Request
      2,860 SF

      1149 Washington Ave, Unit 29

      RETAIL STORES (PERSONAL SERVICES) • 2,860 SF
      1149 Washington Ave, Lansing, MI 48910-1648
      View Details
    • Value Estimation
      $105,000
      924 SF

      600 Cavanaugh Rd

      RETAIL STORES (PERSONAL SERVICES) • 924 SF
      600 Cavanaugh Rd, Lansing, MI 48910-5424
      View Details

    Similar Nearby for Sale

    • $495,000
      7,050 SF

      Lansing Retail Investment Opportunity

      7,050 SF Mixed-Use Building, $495,000
      2919 Cedar St, Lansing, MI 48910
      View Details
    • $1,950,000
      25,986 SF

      Grand Riverfront Commercial Opportunity

      Over 25,000 SF of flexible space in Lansing, MI.
      1212 S Washington Ave Ave, Lansing, MI 48910
      View Details
    • Contact for pricing
      2,280 SF

      Retail/Restaurant Space on Mt. Hope

      Versatile retail or restaurant space with high foot traffic.
      1404 W Mount Hope Ave, Lansing, MI 48910
      View Details
    • $229,000

      Prime Cedar Street Retail Units

      Two commercial units with full basements on high-traffic Cedar.
      3318-3320 S Cedar St, Lansing, MI 48910
      View Details
    • Contact for pricing
      4,960 SF

      Retail Space with Warehouse

      Retail space with warehouse in a prime Lansing location.
      4916 S Cedar St, Lansing, MI 48910
      View Details
    • $650,000

      Retail Building with Long-Term Lease

      Freestanding retail building with a long-term lease in place.
      2501 S Cedar St, Lansing, MI 48910
      View Details

    Similar Nearby for Lease

    • $1,733 /Mo
      44,000 SF

      Lansing Retail or Office Space

      Centrally located retail or office space with ample parking.
      1122 West Holmes Rd, Lansing, MI 48910
      View Details
    • Contact for pricing

      Retail Space in Everette Plaza

      Commercial space in Lansing, MI with high visibility.
      3500 South Cedar St, Lansing, MI 48910
      View Details
    • $12 SF/Yr
      4,951 SF

      Retail Building on Washington Avenue

      Freestanding retail building with frontage on S. Washington Ave.
      1827 S Washington Ave, Lansing, MI 48910
      View Details
    • $6 SF/Yr
      4,040 SF

      Lansing Retail Space - 4040 SF

      Equipped banquet building, high traffic area.
      3812 Martin Luther King Jr Blvd, Lansing, MI 48910
      View Details
    • $8 SF/Yr
      7,222 SF

      South Lansing Executive Office Suites

      Three suites, 1,000-2,500 sq ft available
      3139-3145 Pennsylvania Ave, Lansing, MI 48910
      View Details
    • Contact for pricing
      5,980 SF

      Lansing Retail Space: 5,980 SF

      Prime Lansing retail space, 5,980 sq ft, ample parking.
      2524 Cedar St, Lansing, MI 48910
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2524 Cedar St
    Lansing, MI 48910
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.