Property profile

509 Saginaw Hwy Grand Ledge, MI 48837

OFF-MARKET
Drive through restaurants
Property ID
US43-2206340
3,819 SF 0.65 ac lot Built 1970
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1970
Total area 3,819 SF
Lot 0.65 ac (28,314 SF)
Zoning code B-1
APN 400 086 600 070 00
UPID US43-2206340

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

509 Saginaw Hwy Grand Ledge, MI 48837-2202
Grand Ledge metro Census 20404 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$460k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

B-1 · Grand Ledge, MI
Zoning description

lot Plan (Depicts Required Setbacks on Land) (PDF) Basic Residential Accessory Structure Regulations (PDF) Basic Sign Ordinance Regulations (PDF) Examples of Illegal Signs (PDF) Commercial Planning & Zoning Regulations "…

General category COMMERCIAL

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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