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    Property profile & analytics

    409 Marketplace Blvd Lansing, MI 48917-7732

    • Outlet malls
    • 219,899 SF
    • 19.66 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2272401
    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

    • Walmart Home Theater Installation / Home Cinema Installation
    • Walmart Pet Services / Pet Sitter
    • Western Union / Money Transfer Service
    • Ria Money Transfer - Walmart / Money Transfer Service
    • Walmart Tech Services / Computer Repair Service / Mobile Phone Repair Shop

    Property Details for 409 Marketplace Blvd

    Year built
    2000
    Lot size
    19.66 lot acres
    Property size
    219,899 SF
    Zone code
    NONE
    Property type
    Outlet malls
    APN
    040 016 100 270 00
    APU
    4001610027000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6748
    Latitude
    42.7383
    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
    2023
    $282,862
    $0.00
    $0.00
    $5,074,300
    -
    $0.00
    $0.00
    $10,148,600

    Comparable in this City

    • Value Estimation by Request
      87,346 SF

      6528 Saginaw Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 87,346 SF
      6528 Saginaw Hwy, Lansing, MI 48917-1108
      View Details
    • Value Estimation by Request
      102,767 SF

      5700 Saginaw Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 102,767 SF
      5700 Saginaw Hwy, Lansing, MI 48917-2457
      View Details
    • Value Estimation by Request
      43,124 SF

      5900 Saginaw Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 43,124 SF
      5900 Saginaw Hwy, Lansing, MI 48917-2461
      View Details
    • Value Estimation by Request
      29,459 SF

      6025 Saginaw Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 29,459 SF
      6025 Saginaw Hwy, Lansing, MI 48917-2464
      View Details
    • Value Estimation by Request
      171,468 SF

      8505 Delta Market Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 171,468 SF
      8505 Delta Market Dr, Lansing, MI 48917-7724
      View Details
    • Value Estimation by Request
      74,442 SF

      416 Marketplace Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 74,442 SF
      416 Marketplace Blvd, Lansing, MI 48917-7714
      View Details

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      Retail space with excellent freeway visibility and easy access.
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    Similar Nearby for Lease

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      Retail space with high visibility near Lansing Mall.
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      Retail space with high visibility and ample parking available for lease.
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      Retail Center on Saginaw Highway

      Retail center with high visibility and traffic.
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      24,176 SF

      Lansing Retail Center Investment Opportunity

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      707-739 Brookside Dr, Lansing, MI 48917
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    Property Visit Statistics

    • Visits by month
      263.9k
    • Visitors by month
      135.0k
    • Avg Time on site
      34 min
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    409 Marketplace Blvd
    Lansing, MI 48917-7732
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    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
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