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Property profile & analytics

632 Dibble Ave Lansing, MI 48917

  • Drug stores
  • 5,192 SF
  • 1.71 lot acres
Value Estimation
Last Sale
Mar 18, 2025
$335,000
Location Intelligence
Property ID
US43-2498374
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

  • Coinhub Bitcoin ATM Teller / Atm
  • Martin Cobb / Pharmacy
  • CDReload - Online Bitcoin ATM / Atm / Crypto Atm

Property Details for 632 Dibble Ave

Year built
1998
Lot size
1.71 lot acres
Property size
5,192 SF
Zone code
NONE
Property type
Drug stores
APN
040 069 000 067 00
APU
4006900006700

Description

This 5,192 square foot freestanding retail building is situated on a 1.71-acre lot in Lansing, Michigan, at 632 N Dibble. The property is zoned commercial and boasts a convenient drive-thru, making it exceptionally suitable for a variety of uses including food service, retail, medical offices, or restaurants. Its prime location on a busy corridor offers excellent visibility and accessibility. The building benefits from its proximity to a McDonald's, ensuring high traffic flow. Ample parking is available with 28 spaces. The substantial lot size presents significant opportunities for future expansion, catering to the needs of a growing business. This property is ideal for owner-occupiers seeking a strategic location or investors looking for a strong return. The building is currently available for sale, with a lease option also being considered. This versatile property presents a unique opportunity for a variety of businesses seeking a high-traffic location with ample space and expansion potential.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $315,000
  • CAP approach

    CAP return
    Estimation
    6%
    $370,000
    6.5%
    $375,000
    7%
    $350,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $350,000
    Geo Method
    $425,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $400,000
    Retail
    $340,000
    Mixed-Use
    $310,000
    Hospitality
    $390,000
    Educational
    $360,000
    Residential Income
    $360,000
    Energy
    $415,000
    Income-Based Land
    $365,000
    Food Service
    $325,000

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Eaton
State
Michigan
Longitude
-84.6048
Latitude
42.7399
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
2023
$15,234
$0.00
$0.00
$252,000
-
$0.00
$0.00
$504,000
More about this property
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