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    Property profile & analytics

    225 Grand Riv Ave, Unit 13 East Lansing, MI 48823-4323

    • Retail space
    • 1,404 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US43-1063992
    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

    • Playa Bowls / Health Food Restaurant

    Property Details for 225 Grand Riv Ave

    Year built
    1937
    Lot size
    0.03 lot acres
    Property size
    1,404 SF
    Zone code
    B3
    Property type
    Retail space
    APN
    33-20-02-18-163-014
    APU
    33200218163014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $210,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $185,000
      Mixed-Use
      $215,000
      Hospitality
      $215,000
      Educational
      $215,000
      Residential Income
      $180,000
      Energy
      $230,000
      Income-Based Land
      $250,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4818
    Latitude
    42.7349
    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
    2019
    $5,606
    $42,200
    $45,900
    $88,100
    -
    $84,400
    $91,800
    $176,200

    Comparable in this City

    • Value Estimation by Request
      18,390 SF

      401 Grand Riv Ave

      RETAIL STORES (PERSONAL SERVICES) • 18,390 SF
      401 Grand Riv Ave, East Lansing, MI 48823-4432
      View Details
    • Value Estimation by Request
      3,192 SF

      143 Harrison Rd, Unit 6

      RETAIL STORES (PERSONAL SERVICES) • 3,192 SF
      143 Harrison Rd, East Lansing, MI 48823-4153
      View Details
    • Value Estimation by Request
      21,873 SF

      201 Grand Riv Ave, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 21,873 SF
      201 Grand Riv Ave, East Lansing, MI 48823-4323
      View Details
    • Value Estimation by Request
      3,354 SF

      211 Mac Ave, Unit 13

      RETAIL STORES (PERSONAL SERVICES) • 3,354 SF
      211 Mac Ave, East Lansing, MI 48823-4328
      View Details
    • Value Estimation
      $860,000
      26,714 SF

      2655 Grand Riv Ave

      RETAIL STORES (PERSONAL SERVICES) • 26,714 SF
      2655 Grand Riv Ave, East Lansing, MI 48823-5617
      View Details
    • Value Estimation
      $540,000
      6,101 SF

      2649 Grand Riv Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,101 SF
      2649 Grand Riv Ave, East Lansing, MI 48823-5607
      View Details

    Similar Nearby for Sale

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      Turn-key retail or office space near Michigan State campus.
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    Similar Nearby for Lease

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      New retail/service space available for lease in vibrant area.
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    • $40 SF/Yr
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      Retail Space Near MSU Campus

      Retail space in a 3-tenant building across from MSU.
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    • $14 SF/Yr
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      Prime East Lansing retail space, multiple suites available.
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    • $18 SF/Yr

      Retail Space Near Michigan State

      End-cap retail space near Michigan State University campus.
      920 Trowbridge Rd, East Lansing, MI 48823
      View Details
    • Contact for pricing
      2,598 SF

      Retail Space Near Michigan State

      Retail space with drive-up window near Michigan State University.
      1034 Trowbridge Rd, East Lansing, MI 48823
      View Details

    Property Visit Statistics

    • Visits by month
      12.5k
    • Visitors by month
      11.9k
    • Avg Time on site
      22 min
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    East Lansing, MI 48823-4323
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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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