Property profile

1115 Washington Ave 1 Lansing, MI 48910

OFF-MARKET
Turn key restaurants
Property ID
US43-3067387
19,536 SF 0.27 ac lot Built 1925
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1925
Total area 19,536 SF
Lot 0.27 ac (11,761 SF)
Zoning code G-1 BUS
APN 33-01-01-21-390-001
UPID US43-3067387

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
  • Hotel & Motel Resort
  • Church

Location

1115 Washington Ave, Unit 1 Lansing, MI 48910-1648
Lansing metro Census 2000 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
$1.70M
Blend (final) Blend
$455k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Zoning & alternative use

G-1 BUS · Lansing, MI

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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