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Property profile & analytics

2521 Cedar St Lansing, MI 48910-3137

  • Banks
  • 2,328 SF
  • 0.60 lot acres
OFF-MARKET
Last Sale
Mar 09, 2025
Value Estimations
$300,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-5273837
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

  • Banks

Property Details for 2521 Cedar St

Year built
1937
Lot size
0.60 lot acres
Property size
2,328 SF
Zone code
G-1 BUS
Property type
Banks
APN
33-01-01-28-287-054
APU
33010128287054

Description

This 2,328-square-foot former bank building, located at 2521 S Cedar St in Lansing, Michigan, presents a unique investment opportunity. Built in 1937 and extensively renovated in 2015, this single-story, Class C property sits on a 0.6-acre lot and boasts a prominent corner location at the signalized intersection of Greenlawn and Cedar Streets. The building features a secure entryway, service counters, updated doors and flooring, and a handicap-accessible bathroom. The functional bank vault remains intact. Convenient drive-up teller lanes and outbuildings are situated on the expansive lot, which extends from Greenlawn to Lincoln Street, providing ample parking. A partial basement includes a second restroom and mechanical rooms. The property's MX-3 DISTRICT MIXED-USE CENTER zoning offers flexibility for various uses. Previously used as a dispensary and office space, this vacant building is offered at $145,000 ($62.29/sq ft). Its strategic location across from Rite Aid and Quality Dairy, and near the former McLaren Greenlawn campus, ensures high visibility and accessibility. The property is a fee simple ownership and the APN is 33-01-01-28-287-054.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $300,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5471
Latitude
42.7054
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
$11,388
$52,400
$115,100
$167,500
-
$104,800
$230,200
$335,000
More about this property
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