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Property profile

1601 Mt Hope Ave Lansing, MI 48910

OFF-MARKET
Strip malls
Property ID
US43-4187037
46,811 SF 3.5 ac lot Built 1953
Last sale Feb 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Colonial Village Shopping Center is a neighborhood retail shopping center in Lansing, Michigan, located along West Mount Hope Avenue, anchored by Family Dollar. The center offers retail suite configurations that can accommodate a range of tenant sizes, with available spaces described as approximately 1,778 to 20,137 square feet. It is designed for flexible occupancy suitable for smaller shop users and larger-format tenants, and it includes approximately 249 on-site parking spaces for customer…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$65k
Tax billed · 2020
Assessed value · 2023$1.06M
Assessed land$267k
Assessed improvement$796k
Effective rate6.12%

Value estimate

· Oct 2026
$790k
$711k – $869k
Submarket $/SF estimate$2.06M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$38 – $90

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
F COMM
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.3
Dental Office19.5
Law Firm17.4

Location

1601 Mt Hope Ave Lansing, MI 48910-2650
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1700 Cavanaugh, Lansing, MI 48910-3680 $860,000 Nov 2022 9,005 SF
3308 Cedar, Lansing, MI 48910-6410 $150,000 Sep 2019 10,862 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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