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Property summary
This 1,812 square foot free-standing building, located at 1102 S. Washington Ave in Lansing, Michigan, 48910, presents a unique opportunity. Built in 1936 and partially renovated in 2018, the single-story property offers a blank canvas for a variety of restaurant, retail, or bar concepts. Its prime corner location at the intersection of S. Washington and W. Elm Streets in the REOTOWN district ensures excellent visibility and accessibility. The building features large garage-door style… windows, allowing for ample natural light and creating a welcoming atmosphere. A significant advantage is the large on-site parking lot, addressing a common challenge for businesses in this area. The property's proximity to the Grand River and the Lansing River Trail W. Elm entrance provides additional foot traffic and enhances its appeal. The entire 1,812 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs. This is an exceptional opportunity to establish a thriving business in a vibrant and growing Lansing neighborhood.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Oct 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,813 SF
- Lot area
- 0.21 ac
- Year built
- 1925
- Stories
- 1
- APN
- 33-01-01-21-178-040
- Zoning
- F COMM
- Assessed value · 2023
- $53,400
- Annual tax · 2020
- $3,077
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2020
- $3,077
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Lansing market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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Off Market
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Absentee
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Sample leads
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Off Market
8505 S SEPULVEDA BLVD, LOS ANGELES, CA 90045
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Off Market
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Off Market
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Loan from 2013New Century Bank
4026 BRAGG BLVD, FAYETTEVILLE, NC 28303
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Off Market
BRAGG BLVD, FAYETTEVILLE, NC 28303
Loan from 20049.0% rateNew Century Bank Fayetteville
BRAGG BLVD, FAYETTEVILLE, NC 28303
