Property profile

3525 Martin Luther King Jr Blvd Lansing, MI 48910

OFF-MARKET
Retail space
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Property ID
US43-1830295
10,000 SF 4.54 ac Built 1995
Last sale Jan 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property consists of retail space within a well-maintained commercial center with frontage on Martin Luther King Jr. Boulevard and/or West Holmes Road. It is situated in a densely populated residential area and is positioned along a route with nearby access to Everett High School, contributing to regular daytime traffic in the vicinity. The center is in proximity to national and regional retailers, including Kroger, Citi Trends, and Family Dollar, which supports cross-access for customers. The space is configured and suited for retail use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$57k
Tax billed · 2022
Assessed value · 2023$994k
Assessed land$326k
Assessed improvement$669k
Effective rate5.71%

Value estimate

· Nov 2026
$595k
$536k – $655k
AI approach$595k
Submarket $/SF estimate$821k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$38 – $82
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
F COMM
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency49.3
Building Supply32.9
Restaurant32.7

Location

3525 Martin Luther King Jr Blvd Lansing, MI 48910-4300
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2701 Cedar, Lansing, MI 48910-3028 $1,650,000 Apr 2025 11,201 SF
900 Holmes, Lansing, MI 48910-4483 $400,000 Feb 2023 5,580 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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