Entity Owned Property summary
This exceptional redevelopment opportunity encompasses a 1.14-acre parcel at 2490-2500 Cedar St, Holt, MI 48842, offering high visibility in a bustling commercial corridor. The property currently features a 4,929 square foot multi-tenant storefront building with three units, currently at 50% occupancy, under a NNN lease with three years remaining. The asking price is $795,000, translating to $161.29 per square foot. The strategic location, just 0.5 miles south of the I-96/S Cedar St… Interchange, ensures significant traffic exposure. Further enhancing its potential, the property is zoned C-2 and presents the unique possibility of combining with an adjacent parcel to create a substantial 2.34-acre corner lot. This presents a rare chance to develop a significant retail presence in a high-demand area. The existing building provides immediate income potential while offering flexibility for future redevelopment plans. This is an ideal investment for developers seeking a prime location with strong growth potential in Ingham County, Michigan.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,070 SF
- Lot area
- 0.59 ac
- Year built
- 1962
- Stories
- 1
- APN
- 33-25-05-15-202-041
- Zoning
- C-2
- Assessed value · 2023
- $91,400
- Annual tax · 2022
- $6,035
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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