Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3124 Martin Luther King Jr Blvd, Unit 2 Lansing, MI 48910-2940

    • Warehouses
    • 8,160 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US43-4275253
    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

    • Concrete Cutting & Breaking / Concrete Contractor
    • Harlow House Alcohol Detox Lansing, MI / Rehabilitation Center / Health Counselor
    • Bec Land Co / Attorney / Real Estate

    Property Details for 3124 Martin Luther King Jr Blvd

    Year built
    1985
    Lot size
    1.15 lot acres
    Property size
    8,160 SF
    Zone code
    H LT IN
    Property type
    Warehouses
    APN
    33-01-01-29-451-072
    APU
    33010129451072

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $260,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $260,000
      Mixed-Use
      $255,000
      Hospitality
      $210,000
      Educational
      $200,000
      Residential Income
      $195,000
      Energy
      $240,000
      Income-Based Land
      $240,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5674
    Latitude
    42.7007
    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
    $8,149
    $95,800
    $60,800
    $156,600
    -
    $191,600
    $121,600
    $313,200

    Comparable in this City

    • Value Estimation by Request
      77,926 SF

      3512 Martin Luther King Jr Blvd

      MINI-WAREHOUSE, STORAGE • 77,926 SF
      3512 Martin Luther King Jr Blvd, Lansing, MI 48910-4339
      View Details
    • Value Estimation by Request
      11,905 SF

      4505 Tranter St

      WAREHOUSE, STORAGE • 11,905 SF
      4505 Tranter St, Lansing, MI 48910
      View Details
    • Value Estimation by Request
      23,436 SF

      2912 Alpha Access St

      WAREHOUSE, STORAGE • 23,436 SF
      2912 Alpha Access St, Lansing, MI 48910-0603
      View Details
    • Value Estimation by Request
      31,622 SF

      1325 Jolly Rd

      Distribution properties • 31,622 SF
      1325 Jolly Rd, Lansing, MI 48910
      View Details
    • Value Estimation
      $325,000
      2,512 SF

      2200 Cedar St, Unit 1

      WAREHOUSE, STORAGE • 2,512 SF
      2200 Cedar St, Lansing, MI 48910-3132
      View Details
    • Value Estimation
      $370,000
      5,017 SF

      2900 Alpha Access St

      WAREHOUSE, STORAGE • 5,017 SF
      2900 Alpha Access St, Lansing, MI 48910-0603
      View Details

    Similar Nearby for Sale

    • $1,950,000
      25,986 SF

      Grand Riverfront Commercial Opportunity

      Over 25,000 SF of flexible space in Lansing, MI.
      1212 S Washington Ave Ave, Lansing, MI 48910
      View Details
    • $1,250,000
      31,622 SF

      Industrial Property with Grow License

      31,622 SF industrial building with marijuana grow license.
      1325 E Jolly Rd, Lansing, MI 48910
      View Details
    • Contact for pricing
      4,960 SF

      Retail Space with Warehouse

      Retail space with warehouse in a prime Lansing location.
      4916 S Cedar St, Lansing, MI 48910
      View Details
    • Contact for pricing
      19,467 SF

      Lansing Industrial Building with Crane

      Expansive industrial building suitable for manufacturing, warehousing, or repair.
      3414 Aurelius Rd, Lansing, MI 48910
      View Details
    • $59,999
      760 SF

      3010 Cedar St, Lansing, MI 48910

      Industrial properties • 760 SF
      3010 Cedar St, Lansing, MI 48910
      View Details
    • $495,000
      7,050 SF

      Lansing Retail Investment Opportunity

      7,050 SF Mixed-Use Building, $495,000
      2919 Cedar St, Lansing, MI 48910
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      116,000 SF

      Manufacturing/Warehouse Space with Rail Spur

      Two-story manufacturing/warehouse space with unique access potential.
      2120 S Washington Ave, Lansing, MI 48910
      View Details
    • $5 SF/Yr
      29,908 SF

      Warehouse Space Ready For Occupancy

      Move-in ready warehouse space with convenient accessibility and fire suppression.
      111 W Mount Hope Ave, Lansing, MI 48910
      View Details
    • $8 SF/Yr
      7,222 SF

      South Lansing Executive Office Suites

      Three suites, 1,000-2,500 sq ft available
      3139-3145 Pennsylvania Ave, Lansing, MI 48910
      View Details
    • Contact for pricing
      1,445 SF

      Lansing Office Building - 1445 SF

      Prime Lansing Office Space, I-496 proximity.
      1134 S. Washington Ave. Lansing, MI 48910, Lansing, MI 48910
      View Details
    • $12 SF/Yr
      61,064 SF

      Lansing Office Building for Lease

      Nonprofit-focused office space in Lansing, MI.
      913 Holmes Rd, Lansing, MI 48910
      View Details
    • $1,733 /Mo
      44,000 SF

      Lansing Retail or Office Space

      Centrally located retail or office space with ample parking.
      1122 West Holmes Rd, Lansing, MI 48910
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3124 Martin Luther King Jr Blvd, Unit 2
    Lansing, MI 48910-2940
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.