Technical
Financial
Distress signals
Property profile

224 Cedar St Elsie, MI 48831

OFF-MARKET
Commercial real estate
Property ID
US43-2346006
9,921 SF 1.3 ac lot
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 9,921 SF
Lot 1.3 ac (56,628 SF)
Zoning code C-2
APN 061-012-300-075-00
UPID US43-2346006

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

224 Cedar St Elsie, MI 48831-9683
Elsie metro Census 10702 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2024
2 recorded transactions
2024
$45,000
2018
Price N/A

Zoning & alternative use

C-2 · Elsie, MI
Zoning description

Sec. 15-310. C-2 General Commercial district. The purpose of the General Commercial district is to provide locations for uses which either generate significant automobile traffic or require parking, storage or building s…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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