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

    4711 Martin Luther King Jr Blvd, Unit 61 Lansing, MI 48910-5111

    • Day care centers
    • 5,280 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Sep 20, 2021
    Location Intelligence
    Property ID
    US43-0797805
    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

    • Majestic Child Development Center / Child Care Agency
    • Cradles to Crayons | Child Care and Learning Center / Day Care Center / Educational Institution

    Property Details for 4711 Martin Luther King Jr Blvd

    Year built
    1971
    Lot size
    0.76 lot acres
    Property size
    5,280 SF
    Zone code
    D-1 PRO
    Property type
    Day care centers
    APN
    33-01-01-32-477-031
    APU
    33010132477031

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $415,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $405,000
      Mixed-Use
      $505,000
      Hospitality
      $480,000
      Educational
      $450,000
      Residential Income
      $515,000
      Energy
      $515,000
      Income-Based Land
      $390,000
      Food Service
      $495,000

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5665
    Latitude
    42.686
    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
    $17,734
    $66,000
    $138,200
    $204,200
    -
    $132,000
    $276,400
    $408,400

    Comparable in this City

    • Value Estimation by Request
      13,769 SF

      1915 Mt Hope Ave

      DAY CARE, PRE-SCHOOL • 13,769 SF
      1915 Mt Hope Ave, Lansing, MI 48910-2434
      View Details
    • Value Estimation
      $465,000
      8,928 SF

      1205 Pierce Rd, Unit 44

      DAY CARE, PRE-SCHOOL • 8,928 SF
      1205 Pierce Rd, Lansing, MI 48910-5212
      View Details
    • Value Estimation by Request
      4,595 SF

      3325 Aurelius Rd, Unit 17

      DAY CARE, PRE-SCHOOL • 4,595 SF
      3325 Aurelius Rd, Lansing, MI 48910-4801
      View Details
    • Value Estimation
      $210,000
      5,536 SF

      3001 Washington Ave

      DAY CARE, PRE-SCHOOL • 5,536 SF
      3001 Washington Ave, Lansing, MI 48910-2956
      View Details
    • Value Estimation
      $1,285,000
      1,500 SF

      3320 Pennsylvania Ave, Unit 13

      DAY CARE, PRE-SCHOOL • 1,500 SF
      3320 Pennsylvania Ave, Lansing, MI 48910-4700
      View Details
    • Value Estimation by Request
      1,822 SF

      3140 Pennsylvania Ave, Unit 22

      DAY CARE, PRE-SCHOOL • 1,822 SF
      3140 Pennsylvania Ave, Lansing, MI 48910-3460
      View Details

    Similar Nearby for Sale

    • $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
    • $299,000
      1.02 Acres

      Prime Lansing Commercial Land

      1.02 Acres, High Traffic Area, MX-C Zoning
      4415 Martin Luther King Jr Blvd, Lansing, MI 48910
      View Details
    • $999,000
      8,072 SF

      Renovated Multifamily Investment Opportunity

      Sixteen-unit renovated multifamily property in Lansing, Michigan with strong cash flow.
      645 E Jolly Rd, Lansing, MI 48910
      View Details
    • $1,030,000
      11,215 SF

      Lansing Multifamily Investment Opportunity

      South Lansing apartment building with upside rental increase potential.
      909 E Jolly Rd, 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
    • $223,000
      0.21 Acres

      Lansing Multifamily Property For Sale

      Duplex in Lansing, MI with rental income potential.
      4114 Burchfield Dr, 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
    • Contact for pricing
      1,445 SF

      Lansing Office Building - 1445 SF

      Prime Lansing Office Space, I-496 proximity.
      1134 S. Washington Ave. Lansing, MI 48910, Lansing, MI 48910
      View Details
    • $12 SF/Yr
      61,064 SF

      Lansing Office Building for Lease

      Nonprofit-focused office space in Lansing, MI.
      913 Holmes Rd, 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
    • $20 SF/Yr
      34,000 SF

      Executive Office Space for Lease

      Prime Ingham County location, 7,961 sq ft available.
      4202 Collins Rd, 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.
    4711 Martin Luther King Jr Blvd, Unit 61
    Lansing, MI 48910-5111
    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.