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Property profile & analytics

4400 Grand River Ave Lansing, MI 48906

  • Drive through restaurants
  • 2,456 SF
  • 0.88 lot acres
Value Estimation
Location Intelligence
Property ID
US43-1843818
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

  • Drive through restaurants

Property Details for 4400 Grand River Ave

Year built
1996
Lot size
0.88 lot acres
Property size
2,456 SF
Zone code
F COMM
Property type
Drive through restaurants
APN
33-01-01-06-201-061
APU
33010106201061

Description

This exceptional 1.81-acre commercial redevelopment opportunity is ideally situated at the corner of Grand River Avenue and Capital City Boulevard, directly across from the Capital City Airport in Lansing, Michigan. The property boasts incredible frontage and accessibility, making it suitable for a wide range of commercial uses. The site currently features two vacant buildings, totaling 4,578 square feet, constructed in 1976 and 1996. Previously occupied by a Burger King and a bank, this prime location offers significant potential for redevelopment. The property is zoned for commercial use and presents a unique chance to capitalize on the area's growth and high traffic volume. The asking price is $859,950, translating to $187.84 per square foot. The buildings are classified as Class B and the lease type is NNN. The property is offered vacant, with no remaining lease term. The parcel numbers are 33-01-01-06-201-071 and 33-01-01-06-201-061. This is a rare opportunity to acquire a significant commercial property in a high-traffic area with excellent visibility and redevelopment potential. The seller is willing to sell each building independently.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $285,000
  • CAP approach

    CAP return
    Estimation
    6%
    $380,000
    6.5%
    $400,000
    7%
    $435,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $385,000
    Geo Method
    $440,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $420,000
    Retail
    $410,000
    Mixed-Use
    $395,000
    Hospitality
    $400,000
    Educational
    $380,000
    Residential Income
    $390,000
    Energy
    $380,000
    Income-Based Land
    $455,000
    Food Service
    $490,000

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5899
Latitude
42.7669
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
$10,190
$57,400
$103,900
$161,300
-
$114,800
$207,800
$322,600
More about this property
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