2495 Cedar St Holt, MI 48842
Grocery and convenience stores
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Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
For Lease
1 / 3
Contact for pricing
2495 Cedar St, Holt, MI 48842
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Estimated value (blended)
$680k
Range $612k – $748k (±10%)
Property ID
US43-4058207
Property summary
AI-generated overview
Cedar Park Center, a vibrant 125,000 square foot neighborhood center in Ingham County, offers exceptional creative office space for lease. This popular retail and office complex boasts a prime location along a busy retail corridor in Greater Lansing, ensuring high visibility and easy access. The property features three available suites ranging from 1,834 to 11,777 square feet, providing flexibility for businesses of various sizes. Benefit from the strong synergy of being situated near major retailers such as Kroger, Lowe's, Menards, Target, Rite Aid, and Walgreens, drawing significant foot traffic and enhancing brand visibility. Convenient access to I-96 ensures seamless commutes for employees and clients throughout the Greater Lansing area. Ample parking is available with 285 well-lit spaces for tenants and visitors. This multi-tenant building presents a unique opportunity to establish your business in a thriving commercial hub with excellent visibility and convenient amenities. The available spaces are ideal for businesses seeking a dynamic and accessible location within a well-established retail center. Contact us today to learn more about these exceptional leasing opportunities.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1980
Total area
32,766 SF
Lot
5.12 ac (223,027 SF)
Zoning code
A-1
APN
33-25-05-15-126-021
UPID
US43-4058207
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
-
(Bike/Boat/Book/etc) Store
-
Check Cashing
-
Bank Credit Union
-
Grocery & Convenience Store Food Market
-
Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.48M
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$680k
Owner & transaction history
since 2021
6 recorded transactions
Zoning & alternative use
A-1 · Holt, MI
Top alternative use upside
Medical building
$4.0M
+55.4%
Restaurant
$3.8M
+47.0%
Commercial (general)
$3.7M
+44.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
8 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$680k
Value range
$612k – $748k
±10% around blend
Estimated value / SF
$21 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$612k
blend $680k
$748k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
32,766 SF
Lot area
5.12 ac
Year built
1980
Stories
1
APN
33-25-05-15-126-021
Assessed value
$1,172,200
Annual tax
$72,357
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.48M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.77M
@ 6.5% CAP return
$3.48M
@ 7% CAP return
$3.23M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$72,357
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.08M
Range $1.41M – $3.83M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$680k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 136 sales
$79
-74%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $21/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+55%
vs current-use indication
Restaurant
Commercial (general)
Auto Repair, Garage
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
9,578,333.33%
Selected cap rate for this grocery and convenience stores
Derived from the Holt market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$862k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$9
Move the market yield to see immediate price impact.
Value / SF
$0
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
9,578,332.83%9,578,333.33%9,578,333.83%
$776k
$8
$8
$8
$862k
$9
$9
$8
$948k
$9
$9
$9
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$72,357
Tax year 2022
Assessed value
$1,172,200
Assessed 2023
Previous assessed
$1,143,400
+2.5% YoY
Effective rate
6.17%
On assessed value
Assessed land
$382,600
Assessed improvement
$789,600
Land market value
$765,200
Improvement market value
$1,579,200
Total market value
$2,344,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1980
Heating
YES
Buildings
4
Stories
1
Total area
32,766 SF
Lot
5.12 ac (223,027 SF)
Zoning code
A-1
APN
33-25-05-15-126-021
UPID
US43-4058207
Jurisdiction
INGHAM
Zoning & alternative use
A-1 · Holt, MIZoning A-1 · permitted uses
A-1 · Holt, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
YES
Stories
1
Buildings
4
Lot
5.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
A-1
Jurisdiction
Holt, MI
Recorded code
A-1
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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