Entity Owned Property summary
This exceptional 11,088 square-foot free-standing retail building presents a unique investment opportunity. Situated on a prominent corner lot at the intersection of Michigan Avenue and South Magnolia, this property boasts unparalleled visibility and accessibility. Built in 1947 and extensively renovated in 1997, the building features two expansive open showroom spaces, perfect for showcasing merchandise or creating a dynamic retail environment. The generous square footage also includes… substantial storage space located in the rear of the building, enhancing operational efficiency. Convenient access is provided by two overhead garage doors, one at the front and one at the rear, facilitating loading and unloading. Large windows facing Michigan Avenue bathe the interior in abundant natural light, creating an inviting atmosphere for customers. The property encompasses two parcels totaling 0.373 acres, providing approximately twelve parking spaces for customers and staff. Its strategic location offers exceptional proximity to Michigan State University campus, the Lansing Capitol, and Sparrow Hospitals, ensuring high foot traffic and a diverse customer base. The property's APN numbers are 33-01-01-14-303-441 and 33-01-01-14-303-431. This is a single-tenant property ideal for a variety of retail uses. Don't miss this chance to acquire a highly visible and well-located retail space in a thriving area.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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