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    300 Hosmer St Lansing, MI 48912

    • Auto shops
    • 4,752 SF
    • 0.12 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    $220,000
    Last Sale
    Jan 08, 2021
    $230,000
    Location Intelligence
    Property ID
    US43-1114330
    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

    • Auto shops

    Property Details for 300 Hosmer St

    Year built
    1954
    Lot size
    0.12 lot acres
    Property size
    4,752 SF
    Zone code
    H LT IN
    Property type
    Auto shops
    APN
    33-01-01-15-309-132
    APU
    33010115309132

    Description

    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 service is provided by a 240A/120V single-phase system. The property's location is further enhanced by its proximity to Prospect Street. The Ingham County location and Light Industrial zoning offer significant flexibility, including conditional permitting for marijuana processing. This presents a unique opportunity for businesses seeking versatile warehouse space in a prime Lansing location. The property's address is officially listed as 300 S Hosmer St, and its APN is 33-01-01-15-309-132. The potential for a duplex setup adds to the property's appeal. This is a rare opportunity to acquire a well-situated warehouse with significant potential.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $155,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $155,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $155,000
      Mixed-Use
      $185,000
      Hospitality
      $140,000
      Educational
      $190,000
      Residential Income
      $165,000
      Energy
      $175,000
      Income-Based Land
      $150,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5414
    Latitude
    42.731
    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
    $4,192
    $13,000
    $79,200
    $92,200
    -
    $26,000
    $158,400
    $184,400

    Comparable in this City

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    • Value Estimation
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      2032 Saginaw St

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    • Value Estimation
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      15,973 SF

      1151 Haco Dr

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    • Value Estimation
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      319 Homer St

      AUTO REPAIR, GARAGE • 2,384 SF
      319 Homer St, Lansing, MI 48912-4613
      View Details
    • Value Estimation
      $275,000
      7,624 SF

      324 Hosmer St

      AUTO REPAIR, GARAGE • 7,624 SF
      324 Hosmer St, Lansing, MI 48912-1338
      View Details
    • Value Estimation by Request
      1,450 SF

      1715 Kalamazoo St

      AUTO REPAIR, GARAGE • 1,450 SF
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      View Details

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    300 Hosmer St
    Lansing, MI 48912
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    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
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