Property profile

2800 Grand Riv Ave Lansing, MI 48912

OFF-MARKET
Office buildings
Property ID
US43-1204209
4,100 SF 0.38 ac lot Built 1996
Entity Owned Free & Clear
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Property summary

AI-generated overview

This 4,100 square foot commercial space in Ingham County, located at 2800 E Grand River Ave, offers a prime opportunity for businesses seeking flexible office or retail space. The property is divisible, with a minimum leasable area of 2,000 square feet and a maximum contiguous space of 4,100 square feet. Currently, the entire 4,100 square feet is vacant and ready for immediate occupancy. The building boasts enhanced plumbing, making it particularly suitable for businesses such as salons or spas. The interior layout includes seven separate offices or rooms, two of which have built-in sinks, a restroom, a shower room, open office space, and a formal reception area complete with display showcases. The property enjoys a high-visibility corner location just west of US-127, providing excellent exposure to a high volume of traffic. Ample parking is available with approximately 30 paved parking spaces. This location benefits from its proximity to major amenities, including the University of Michigan Sparrow Health Center, Williams Hyundai and Subaru dealerships, and the Frandor shopping center, which houses popular retailers such as TJ Maxx, HomeGoods, Michaels, and Kroger. The property is also conveniently located minutes away from Michigan State University, ensuring a strong potential customer base.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 4,100 SF
Lot 0.38 ac (16,727 SF)
Zoning code G GENER
APN 33-21-01-11-454-016
UPID US43-1204209

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
  • Law Firm
  • Law Firm
  • Grocery & Convenience Store Food Market
  • Atm
  • Building Supply

Location

2800 Grand Riv Ave Lansing, MI 48912-4336
Lansing metro Census 3103 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

G GENER · Lansing, MI

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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