Entity Owned Property summary
This exceptional investment opportunity presents a six-unit commercial strip mall ideally situated on South Pennsylvania Avenue in Lansing, Michigan (48911). The property boasts a prime location with high visibility and traffic volume. The complex includes a thriving Middle Eastern grocery store, complete with a fresh produce section, meat counter, dairy, frozen foods, and household items. The grocery store recently underwent upgrades, including new LED lighting in 2023. Additional tenants… include a barber shop. A significant 3,000 square feet of storage space is currently vacant, presenting immediate rental income potential. Above the grocery store, a fully remodeled second-floor space (2022) offers two offices, a half-bath, and a large room, currently owner-occupied. This area features new drywall, flooring, ceiling, and fresh paint. Ample parking is available on all sides of the building. The property also benefits from a new roof (2016) and a new AC unit (2015). The asking price is $1,350,000. A land contract is available with negotiable terms. The seller will provide two weeks of training to the purchaser. There is also an option to purchase the business separately for $500,000, including inventory and equipment. All information is deemed reliable but not guaranteed. Financial details are available upon execution of a Confidentiality Agreement and Letter of Intent.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2020
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 8,067 SF
- Lot area
- 0.53 ac
- Year built
- 1955
- Stories
- 2
- APN
- 33-01-05-03-102-091
- Zoning
- F COMM
- Assessed value · 2023
- $161,700
- Annual tax · 2020
- $10,184
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Sample leads
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Still being built. It lands here next, beside the two above.
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