Property profile

16583 Wright Rd Grand Ledge, MI 48837

OFF-MARKET
Auto shops
Property ID
US43-4248367
13,272 SF 3.39 ac lot
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Total area 13,272 SF
Lot 3.39 ac (147,668 SF)
Zoning code I-1
APN 070-036-300-015-01
UPID US43-4248367

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
  • Trucking Company
  • Auto Repair Shop
  • Training Center Vocational School

Location

16583 Wright Rd Grand Ledge, MI 48837-9257
Grand Ledge metro Census 10400 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
$748k
Blend (final) Blend
$360k

Owner & transaction history

Zoning & alternative use

I-1 · Grand Ledge, MI
Zoning description

sidential Accessory Structure Regulations (PDF) Basic Sign Ordinance Regulations (PDF) Examples of Illegal Signs (PDF) Commercial Planning & Zoning Regulations "B-1" Highway Service District: Minimum Requirements (PDF) "…

General category INDUSTRIAL

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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