5436 Cedar St 1, Lansing, MI 48911-3805
This exceptional 1.46-acre used car lot in Lansing, MI, presents a rare investment opportunity. Boasting 206 feet of frontage and significant depth, the property comfortably accommodates over 200 vehicles, maximizing sales potential. Its strategic location at 5436 S Cedar St, east of S Cedar and south of Redner, ensures high visibility and substantial traffic flow. The property includes two buildings totaling 13,212 square feet. A three-bay garage is conveniently situated adjacent to a sales office, enhancing operational efficiency. A unique feature is a second-floor apartment with two access points and a residential basement, offering versatile use for the owner or potential subleasing opportunities. Built in 1982, the property is zoned specifically for a used car lot, simplifying operations and minimizing regulatory hurdles. The ample parking (200 spaces) caters to both customers and staff. The APN is 010504251262. All measurements are approximate; interested parties are encouraged to conduct their own due diligence.
-
RPM Auto Sales Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
F COMM · Lansing, MILansing. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.