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Financial
Distress signals
Property profile

300 S Hosmer St Lansing, MI 48912

FOR LEASE
Auto shops
Property ID
US43-1114330
4,752 SF 0.12 ac lot Built 1954
Last sale Jan 2021 · $230,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional industrial property, located at 300-304 S. Hosmer St, Lansing, MI 48912, offers 4,725 square feet of warehouse space across two suites, currently fully vacant. The single-story building, constructed in 1954, sits on a 0.12-acre lot and is zoned for Light Industrial use. The property features attractive 12-foot clear ceilings, providing ample vertical space for storage or operations. Access is convenient with two drive-in overhead doors, each measuring 10x9 feet. Electrical…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$4k
Tax billed · 2020
Assessed value · 2023$92k
Assessed land$13k
Assessed improvement$79k
Effective rate4.55%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$225k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$4k
Operating expenses−$13k
NOI · 617,520.00% cap applied$31k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
Submarket average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$54 – $143

Cap rate analysis

How does the asset earn?
617,520.00%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
H LT IN
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center10.2
Laundry Service10.1
Tailor Shop10.1

Location

300 S Hosmer St Lansing, MI 48912
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
536 Beech, Lansing, MI 48912-1104 $185,000 May 2025 2,400 SF
319 Homer, Lansing, MI 48912-4613 $110,000 Mar 2025 2,384 SF
220 Larch, Lansing, MI 48912-1129 $317,500 Jul 2022 3,864 SF
215 Larch, Lansing, MI 48912-1128 $240,000 Mar 2022 3,662 SF
413 Clippert, Lansing, MI 48912-4603 $500,000 Jan 2020 2,758 SF
119 Larch, Lansing, MI 48912-1126 $155,000 Aug 2019 10,370 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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