Property profile

531 Northrup St 4 Lansing, MI 48911

OFF-MARKET
Warehouses
Property ID
US43-0081205
10,000 SF 0.76 ac lot Built 1967
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Total area 10,000 SF
Lot 0.76 ac (32,975 SF)
Zoning code G-2 WHO
APN 33-01-05-04-277-032
UPID US43-0081205

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
  • Auto Repair Shop

Location

531 Northrup St, Unit 4 Lansing, MI 48911-3857
Lansing metro Census 5304 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2018
3 recorded transactions
2018
$312,000
2014
Price N/A
2004
$275,000

Zoning & alternative use

G-2 WHO · 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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