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    Property profile & analytics

    212 Washington Sq, Unit 6 Lansing, MI 48933-1808

    • Retail residential properties
    • 2,165 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Jul 07, 2022
    $265,000
    Location Intelligence
    Property ID
    US43-1511900
    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

    • Bitcoin ATM Lansing - Coinhub / Atm / Currency Exchange Service
    • Market On The Squared / Convenience Store
    • Sofiassweets517 / Indian Sweets Shop / Sweets And Dessert Buffet
    • Market On The SQ² / Convenience Store
    • Amazon Hub Counter - Market on the Squared / Shipping And Mailing Service

    Property Details for 212 Washington Sq

    Year built
    1892
    Lot size
    0.08 lot acres
    Property size
    2,165 SF
    Zone code
    G-1 BUS
    Property type
    Retail residential properties
    APN
    33-01-01-16-390-006
    APU
    33010116390006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $250,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $220,000
      Mixed-Use
      $285,000
      Hospitality
      $210,000
      Educational
      $205,000
      Residential Income
      $210,000
      Energy
      $240,000
      Income-Based Land
      $275,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5527
    Latitude
    42.732
    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
    $9,347
    $15,400
    $116,700
    $132,100
    -
    $30,800
    $233,400
    $264,200

    Comparable in this City

    • Value Estimation
      $190,000
      13,500 SF

      222 Washington Sq, Unit 2

      STORES & APARTMENTS • 13,500 SF
      222 Washington Sq, Lansing, MI 48933-1808
      View Details
    • Value Estimation
      $290,000
      13,500 SF

      220 Washington Sq, Unit 1

      STORES & APARTMENTS • 13,500 SF
      220 Washington Sq, Lansing, MI 48933-1579
      View Details
    • Value Estimation
      $190,000
      13,500 SF

      222 Washington Sq3-3

      STORES & APARTMENTS • 13,500 SF
      222 Washington Sq3-3, Lansing, MI 48933-1808
      View Details
    • Value Estimation
      $195,000
      13,500 SF

      222 Washington Sq6-6

      STORES & APARTMENTS • 13,500 SF
      222 Washington Sq6-6, Lansing, MI 48933-1808
      View Details
    • Value Estimation
      $385,000
      2,120 SF

      109 Washington Sq

      STORES & APARTMENTS • 2,120 SF
      109 Washington Sq, Lansing, MI 48933-1744
      View Details
    • Value Estimation
      $300,000
      8,325 SF

      208 Washington Sq, Unit 17

      STORES & APARTMENTS • 8,325 SF
      208 Washington Sq, Lansing, MI 48933-1815
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Investment opportunity: two houses, three units, and a vacant lot.
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    Similar Nearby for Lease

    • $20 SF/Yr
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      Downtown Retail, High Traffic Area
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    • $13 SF/Yr
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      Lansing Retail Space: Prime Location

      Downtown Lansing retail, two suites available.
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      View Details
    • $23 SF/Yr
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      Knapp's Centre: Lansing Executive Suites

      Prestigious Lansing office space, multiple suites available.
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    • $20 SF/Yr
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      Lansing Restaurant Space For Sale

      Prime Downtown Lansing Restaurant, 1740 sq ft
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    • $22 SF/Yr
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      Downtown Lansing Office Sublease

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      View Details
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    Lansing, MI 48933-1808
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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