Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4519 Martin Luther King Jr Blvd Lansing, MI 48910-6235

    • Bars
    • 6,683 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 20, 2024
    $125,000
    Location Intelligence
    Property ID
    US43-1698152
    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

    • Bars

    Property Details for 4519 Martin Luther King Jr Blvd

    Year built
    1973
    Lot size
    0.57 lot acres
    Property size
    6,683 SF
    Zone code
    F COMM
    Property type
    Bars
    APN
    33-01-01-32-427-042
    APU
    33010132427042

    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
    Ingham
    State
    Michigan
    Longitude
    -84.567
    Latitude
    42.6881
    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
    $11,290
    $49,500
    $75,100
    $124,600
    -
    $99,000
    $150,200
    $249,200

    Comparable in this City

    • Value Estimation
      $225,000
      2,146 SF

      1145 Washington Ave, Unit 29

      BAR, TAVERN • 2,146 SF
      1145 Washington Ave, Lansing, MI 48910-1648
      View Details
    • Value Estimation
      $530,000
      11,925 SF

      1000 Jolly Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 11,925 SF
      1000 Jolly Rd, Lansing, MI 48910-5306
      View Details
    • Value Estimation
      $190,000
      2,796 SF

      1206 Washington Ave, Unit 1

      BAR, TAVERN • 2,796 SF
      1206 Washington Ave, Lansing, MI 48910-1651
      View Details
    • Value Estimation by Request
      2,586 SF

      4518 Cedar St

      RESTAURANT • 2,586 SF
      4518 Cedar St, Lansing, MI 48910-5466
      View Details
    • Value Estimation
      $310,000
      3,720 SF

      1511 Cedar St, Unit 1

      RESTAURANT • 3,720 SF
      1511 Cedar St, Lansing, MI 48910-1506
      View Details
    • Value Estimation
      $235,000
      636 SF

      2124 Cedar St, Unit 15

      RESTAURANT • 636 SF
      2124 Cedar St, Lansing, MI 48910-3130
      View Details

    Similar Nearby for Sale

    • $295,000
      1,812 SF

      Reotown Retail Building - Lansing, MI

      Prime Location, Vacant, 1812 SF
      1102 Washington Ave, Lansing, MI 48910
      View Details
    • $495,000
      7,050 SF

      Lansing Retail Investment Opportunity

      7,050 SF Mixed-Use Building, $495,000
      2919 Cedar St, Lansing, MI 48910
      View Details
    • Contact for pricing
      2,280 SF

      Retail/Restaurant Space on Mt. Hope

      Versatile retail or restaurant space with high foot traffic.
      1404 W Mount Hope Ave, Lansing, MI 48910
      View Details
    • $1,950,000
      25,986 SF

      Grand Riverfront Commercial Opportunity

      Over 25,000 SF of flexible space in Lansing, MI.
      1212 S Washington Ave Ave, Lansing, MI 48910
      View Details
    • Contact for pricing
      7,050 SF

      Prime Lansing Commercial Property

      Premier property in Lansing with high visibility and ample parking.
      2919 S Cedar St, Lansing, MI 48910
      View Details
    • Contact for pricing
      4,000 SF

      Lansing Retail Space For Sale

      High visibility retail space with ample parking in Lansing.
      1301 W Holmes Rd, Lansing, MI 48910
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      7,222 SF

      South Lansing Executive Office Suites

      Three suites, 1,000-2,500 sq ft available
      3139-3145 Pennsylvania Ave, Lansing, MI 48910
      View Details
    • $1,200 /Mo
      1,439 SF

      Versatile Commercial Building for Rent

      Commercial building suitable for office or professional use with parking.
      4108 S Cedar St, Lansing, MI 48910
      View Details
    • $1,733 /Mo
      44,000 SF

      Lansing Retail or Office Space

      Centrally located retail or office space with ample parking.
      1122 West Holmes Rd, Lansing, MI 48910
      View Details
    • Contact for pricing

      Retail Space in Everette Plaza

      Commercial space in Lansing, MI with high visibility.
      3500 South Cedar St, Lansing, MI 48910
      View Details
    • $12 SF/Yr
      4,951 SF

      Retail Building on Washington Avenue

      Freestanding retail building with frontage on S. Washington Ave.
      1827 S Washington Ave, Lansing, MI 48910
      View Details
    • $7 SF/Yr
      15,498 SF

      Retail Space in Lansing Center

      Well-maintained retail center with high visibility and cross access.
      3525 S Martin Luther King Jr Blvd, Lansing, MI 48910
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4519 Martin Luther King Jr Blvd
    Lansing, MI 48910-6235
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.