Property profile

16987 Turner Rd Lansing, MI 48906

OFF-MARKET
Auto shops
Property ID
US43-2207469
1,232 SF 0.34 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Total area 1,232 SF
Lot 0.34 ac (14,810 SF)
Zoning code BC
APN 050-033-300-080-00
UPID US43-2207469

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
  • Auto Repair Shop
  • Corporate Office

Location

16987 Turner Rd Lansing, MI 48906-2303
Lansing metro Census 10203 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$75k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2021
Last sale
$83,000
2 recorded transactions
2021
$83,000
2011
$25,000

Zoning & alternative use

BC · 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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