Property profile

1112 Peninsula Dr Grand Ledge, MI 48837

OFF-MARKET
Commercial real estate
Property ID
US43-0846337
0.24 ac lot
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.24 ac (10,454 SF)
Zoning code B-1
APN 400 012 400 071 10
UPID US43-0846337

Cap rate & NOI

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

Location

1112 Peninsula Dr Grand Ledge, MI 48837
Grand Ledge metro Census 20402 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
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
Last sale
$6,500
1 recorded transaction
2025
$6,500

Zoning & alternative use

B-1 · Grand Ledge, MI
Zoning description

lot Plan (Depicts Required Setbacks on Land) (PDF) Basic Residential Accessory Structure Regulations (PDF) Basic Sign Ordinance Regulations (PDF) Examples of Illegal Signs (PDF) Commercial Planning & Zoning Regulations "…

General category COMMERCIAL

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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