Property profile

1431 Rensen St Lansing, MI 48910

OFF-MARKET
Distribution centers
Property ID
US43-3118926
15,800 SF 0.53 ac lot Built 1978
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1978
Total area 15,800 SF
Lot 0.53 ac (22,956 SF)
APN 33-01-01-34-453-005
UPID US43-3118926

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
  • Car Dealership

Location

1431 Rensen St Lansing, MI 48910-3657
Lansing metro Census 2800 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2010
3 recorded transactions
2010
$62,000
2005
$615,000
2005
$368,559

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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