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Property profile & analytics
OFF-MARKET
Auto shops
3133 Cedar St 3, Lansing, MI 48910-3431
Entity Owned
~
Est. High Equity
Property ID
US43-5299481
Property summary
AI-generated overview
This thriving self-service car wash, located at 3133 S Cedar St, Lansing, MI 48910, presents a unique investment opportunity. Priced at $189,999, this business boasts recently upgraded equipment including new LED lighting (interior and exterior), new air compressors, a new hot water boiler system, and a new Weep Miser. All four bays feature credit card processing capabilities. The car wash is currently in full operation and will remain so until closing. Land contract terms are available, requiring a minimum down payment of $100,000. While profit and loss statements are unavailable due to the owner's involvement in other businesses, this turnkey operation offers a strong potential for return on investment. The current owner acquired the property last year. A Michigan licensed showing agent must be present for all showings. All information is deemed reliable but not guaranteed.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1965
Lot
0.36 ac (15,682 SF)
Zoning code
F COMM
APN
33-01-01-28-476-021
UPID
US43-5299481
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
-
Cedar Car Wash Car Wash
-
U-Clean Car Wash Car Wash
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
Suds & Wash LLC
Suds & Wash LLC
since 2026
Last sale
$140,000
7 recorded transactions
Zoning & alternative use
F COMM · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lansing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansing submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$4,096
Tax year 2020
Assessed value
$50,000
Assessed 2023
Previous assessed
$50,000
+0.0% YoY
Effective rate
8.19%
On assessed value
Assessed land
$31,400
Assessed improvement
$18,600
Land market value
$62,800
Improvement market value
$37,200
Total market value
$100,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1965
Heating
SPACE
Stories
1
Lot
0.36 ac (15,682 SF)
Zoning code
F COMM
APN
33-01-01-28-476-021
UPID
US43-5299481
Jurisdiction
INGHAM
Zoning & alternative use
F COMM · Lansing, MI
Zoning F COMM · permitted uses
F COMM · Lansing, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansing. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
SPACE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Suds & Wash LLC
Entity
Mailing address
14377 KNIGHTSBRIDGE DR, SHELBY TOWNSHIP, MI 48315-2821
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2026
$140,000
Suds & Wash LLC
U Clean Car Wash LLC
Warranty Deed
—
Sep 21, 2023
$100,000
U Clean Car Wash LLC
Cedar Car Wash LLC
Warranty Deed
—
Nov 8, 2019
—
Cedar Car Wash LLC
—
Deed
related
$90,000 · Michigan State University FCU
Aug 13, 2018
$91,500
Cedar Car Wash LLC
Gl Wash LLC
Grant Deed
—
Jul 14, 2009
—
National Bank NA
Gl Wash LLC
Grant Deed
related
—
Apr 21, 2009
—
Kratz Holdings Group LLC
Gl Wash LLC
Grant Deed
—
Oct 12, 2005
$350,000
Gl Wash LLC
Gomez,ramon J & Pamela A
Warranty Deed
$350,000 · Capitol National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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