Realmo Analytics
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Entity Owned Property summary
This exceptional 778-square-foot retail space, located at 1306 E Michigan Ave in East Lansing, Michigan, presents a fantastic opportunity for a restaurant operator. Situated on a high-traffic corridor, this single-tenant property enjoys excellent visibility and accessibility. Its prime location offers unparalleled convenience, with close proximity to downtown Lansing, downtown East Lansing, and the Michigan State University campus, including Spartan Stadium, Breslin Center, and the Eli Broad… Art Museum. The property benefits from the substantial foot traffic generated by nearby residential complexes, such as the Midtown apartments (66 units) and SkyVue apartments (338 units). Furthermore, its location east of the Frandor Shopping Center places it within easy reach of a wide array of established national retailers and restaurants, creating a vibrant and attractive commercial environment. The entire 778 square feet is currently vacant and ready for immediate occupancy. The property is located in Ingham County, Michigan, with a zip code of 48823. This is an ideal location for a business seeking high visibility and a strong customer base in a thriving community. The property is classified as a retail space, specifically suited for a restaurant.
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 · 2019
Value estimate
· Oct 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
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 · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,040 SF
- Lot area
- 0.55 ac
- Year built
- 1976
- Stories
- 1
- APN
- 33-20-01-13-113-001
- Zoning
- B2
- Assessed value · 2023
- $157,800
- Annual tax · 2019
- $11,043
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
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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