Property profile

111 Michigan Ave Lansing, MI 48933

OFF-MARKET
Turn key restaurants
Property ID
US43-1915372
11,273 SF 0.14 ac lot Built 2009
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2009
Total area 11,273 SF
Lot 0.14 ac (6,011 SF)
APN 33-01-01-16-255-007
UPID US43-1915372

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cosmetic Store
  • Cosmetic Store
  • Bar & Pub Restaurant

Location

111 Michigan Ave Lansing, MI 48933-1376
Lansing metro Census 6700 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$450k

Owner & transaction history

since 2011
3 recorded transactions
2011
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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