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Property profile & analytics

216 Grand Riv Rd Laingsburg, MI 48848-8600

  • Commercial real estate
  • 0.06 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-2346063
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

  • Commercial real estate

Property Details for 216 Grand Riv Rd

Year built
1900
Lot size
0.06 lot acres
Property type
Commercial real estate
APN
022-40-010-014-00
APU
224001001400

Description

This exceptional investment opportunity presents a 2,200 square-foot vacant building located at 216 E Grand River Road Unit 216, Laingsburg, MI. Situated on a 0.06-acre lot, this property offers immense potential for redevelopment and customization to suit a variety of business needs. The spacious interior provides ample room for creative design and functional layout. This building is being offered for $149,900. A unique aspect of this offering is the option to purchase an adjacent, income-producing building (2300 square feet) as a package deal for a total price of $275,000. Acquiring both properties presents a significant advantage, allowing for immediate income generation from the existing rental property while simultaneously developing the vacant building. This dual-property acquisition strategy maximizes investment returns by combining passive income with the potential for substantial future growth. The location in Laingsburg, MI, offers access to local amenities and a growing market. This is a rare chance to secure a prime commercial property with significant upside potential, whether you choose to purchase the vacant building alone or as part of a larger portfolio. The possibilities are endless for this versatile space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Laingsburg
County
Shiawassee
State
Michigan
Longitude
-84.3509
Latitude
42.8901
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
2024
$2,195
$0.00
$0.00
$42,200
-
$0.00
$0.00
$84,400
More about this property
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