Property profile

3201 Grand Riv Ave Lansing, MI 48912

OFF-MARKET
Retail space
Property ID
US43-3785067
8,262 SF 1.33 ac lot Built 2007
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 8,262 SF
Lot 1.33 ac (57,935 SF)
Zoning code F-1 COM
APN 33-01-01-11-476-043
UPID US43-3785067

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
  • Dental Office
  • Dental Office
  • Mobile Phone Store Electronics & Wireless Store
  • Dental Office
  • Dental Office

Location

3201 Grand Riv Ave Lansing, MI 48912-4749
Lansing metro Census 3801 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.15M
Comparable Approach Comparable
$843k
Blend (final) Blend
$465k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

F-1 COM · Lansing, MI
Top alternative use upside
Restaurant $720,000 +22.2%
Auto repair, garage $705,000 +19.5%
Medical building $705,000 +19.1%

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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