Property profile

309 Washington Sq 11 Lansing, MI 48933

OFF-MARKET
Turn key restaurants
Property ID
US43-1735393
4,117 SF 0.05 ac lot Built 1911
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1911
Total area 4,117 SF
Lot 0.05 ac (2,309 SF)
Zoning code G-1 BUS
APN 33-01-01-16-405-041
UPID US43-1735393

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
  • Consultant
  • Charitable Organization Social Service Agency
  • Business Service Center
  • (Bike/Boat/Book/etc) Store Bakery
  • Postal Service Courier Service

Location

309 Washington Sq, Unit 11 Lansing, MI 48933-2114
Lansing metro Census 6700 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2020
Price N/A
1969
Price N/A

Zoning & alternative use

G-1 BUS · 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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