Property profile

4711 Martin Luther King Jr Blvd 61 Lansing, MI 48910

OFF-MARKET
Day care centers
Property ID
US43-0797805
5,280 SF 0.76 ac lot Built 1971
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1971
Total area 5,280 SF
Lot 0.76 ac (33,018 SF)
Zoning code D-1 PRO
APN 33-01-01-32-477-031
UPID US43-0797805

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
  • Daycare Center Foster Care Service
  • Daycare Center

Location

4711 Martin Luther King Jr Blvd, Unit 61 Lansing, MI 48910-5111
Lansing metro Census 3700 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2016
$11,481
2009
Price N/A
2009
$130,000
2006
Price N/A

Zoning & alternative use

D-1 PRO · Lansing, MI

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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