Property profile

5400 Pennsylvania Ave Lansing, MI 48911

OFF-MARKET
Community centers
Property ID
US43-5174478
9,000 SF 1.06 ac lot Built 1985
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Total area 9,000 SF
Lot 1.06 ac (46,174 SF)
Zoning code F COMM
APN 33-01-05-03-151-074
UPID US43-5174478

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
  • Medical Clinic
  • Training Center Sports School
  • Physician
  • Physician
  • Physician

Location

5400 Pennsylvania Ave Lansing, MI 48911-4049
Lansing metro Census 5304 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$809k
Blend (final) Blend
$405k

Owner & transaction history

Zoning & alternative use

F COMM · Lansing, MI
Top alternative use upside
Restaurant $785,000 +36.0%
Auto repair, garage $770,000 +33.0%
Medical building $765,000 +32.5%

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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