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    Property profile & analytics

    2227 Holmes Rd Lansing, MI 48911-2402

    • Drive through restaurants
    • 840 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Jun 04, 2024
    $73,000
    Location Intelligence
    Property ID
    US43-0612743
    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

    • Drive through restaurants

    Property Details for 2227 Holmes Rd

    Year built
    1971
    Lot size
    0.23 lot acres
    Property size
    840 SF
    Zone code
    F COMM
    Property type
    Drive through restaurants
    APN
    33-01-01-31-226-052
    APU
    33010131226052

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5835
    Latitude
    42.6973
    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
    $2,681
    $20,100
    $34,400
    $54,500
    -
    $40,200
    $68,800
    $109,000

    Comparable in this City

    • Value Estimation
      $420,000
      2,898 SF

      5634 Cedar St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,898 SF
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      View Details
    • Value Estimation
      $340,000
      2,068 SF

      6333 Cedar St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,068 SF
      6333 Cedar St, Lansing, MI 48911-5958
      View Details
    • Value Estimation
      $435,000
      3,920 SF

      6620 Cedar St, Unit 5

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,920 SF
      6620 Cedar St, Lansing, MI 48911-6901
      View Details
    • Value Estimation
      $350,000
      1,926 SF

      920 American Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,926 SF
      920 American Rd, Lansing, MI 48911-5953
      View Details
    • Value Estimation
      $360,000
      2,436 SF

      6541 Cedar St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,436 SF
      6541 Cedar St, Lansing, MI 48911-5962
      View Details
    • Value Estimation
      $210,000
      1,200 SF

      5920 Cedar St, Unit 4

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,200 SF
      5920 Cedar St, Lansing, MI 48911-5105
      View Details

    Similar Nearby for Sale

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      Retail Property in Lansing, MI

      Retail property available for sale in Lansing, Michigan.
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      Well-located retail property in Lansing's high-traffic commercial corridor.
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    Similar Nearby for Lease

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      High-traffic Lansing retail space, multiple suites available.
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      Lansing Retail Space: I-96 Access

      Prime Southside Retail, 1,220 SF Available
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    • Contact for pricing
      86,025 SF

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      Retail properties • 86,025 SF
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      4,665 SF

      Retail Space in Lansing Center

      4,665 SF retail, office, or medical space for lease.
      5058 S Waverly Rd, Lansing, MI 48911
      View Details
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    Lansing, MI 48911-2402
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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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