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Property profile & analytics

172 Edgewood Blvd Lansing, MI 48911-5801

  • Turn key restaurants
  • 4,285 SF
  • 1.17 lot acres
OFF-MARKET
Last Sale
Mar 10, 2025
$350,000
Value Estimations
$360,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-0220627
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 172 Edgewood Blvd

Year built
2001
Lot size
1.17 lot acres
Property size
4,285 SF
Property type
Turn key restaurants
APN
33-01-05-09-401-004
APU
33010509401004

Description

This 4,285-square-foot freestanding restaurant building is situated on a 1.17-acre lot at 172 E Edgewood Blvd in Lansing, Michigan (48911), offering exceptional visibility and accessibility. Built in 2001, the property features a large dining area, patio space, a full-service bar, and a substantial kitchen equipped with a large hood system, multiple fryers, a grill, walk-in freezer and refrigerator, and ample food preparation space including a three-compartment sink. Additional features include dry food storage and two private offices. The property's location on busy Edgewood Boulevard, at the border of Lansing and Holt, provides convenient access to I-96, ensuring high traffic volume and excellent exposure. The building is offered at $779,000, with a price per square foot of $181.80. The property is vacant and available under a NNN lease. The APN is 01-05-09-401-004. This is a turn-key opportunity for a restaurant operator seeking a well-equipped space in a high-traffic location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $360,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $330,000
    Market price range: $234k - $506k
    AI Estimate
    $391,000
    Market price range: $345k - $535k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5514
Latitude
42.6615
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$22,120
$101,100
$181,600
$282,700
-
$202,200
$363,200
$565,400
More about this property
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