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    OFF-MARKET
    Day care centers

    2930 Grand Riv Ave 1, Lansing, MI 48906-3808

    2,521 SF 0.4 ac lot Built 1966
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-1365168
    Property summary
    AI-generated overview

    This exceptional 0.4-acre commercial land parcel at 2930 N Grand River Avenue in Lansing, Michigan, presents a unique investment opportunity. Currently configured as a fully operational daycare center, this property is licensed to accommodate up to 33 children. The sale includes all existing contents, providing a seamless transition for a new owner. Located in Ingham County, with a convenient address in Lansing, MI 48906 (42.7619232, -84.5726516), this property offers immediate income potential. The asking price is $299,900. The property is classified as Special Purpose and is categorized as Commercial, Other. Given its existing setup and licensing, this property is ideal for an entrepreneur seeking a ready-to-operate business or an investor looking for a stable, income-generating asset. The turnkey nature of this offering minimizes start-up costs and allows for immediate revenue generation. The inclusion of all contents further enhances the value proposition, eliminating the need for significant upfront investment in equipment and furnishings. This is a rare opportunity to acquire a well-established and profitable business in a desirable location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1966
    Total area 2,521 SF
    Lot 0.4 ac (17,468 SF)
    Zoning code J & F
    APN 33-01-01-05-330-111
    UPID US43-1365168
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Little Miracles Academy Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Little Miracles Academy LLC · 2 yrs held
    Little Miracles Academy LLC
    since 2023
    Last sale
    $285,000
    4 recorded transactions
    2023
    $285,000
    2018
    $135,000
    2012
    $62,000
    2006
    Zoning & alternative use
    J & F · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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