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    5436 Cedar St, Unit 1 Lansing, MI 48911-3805
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    Property profile & analytics

    5436 Cedar St, Unit 1 Lansing, MI 48911-3805


    • Auto shops
    • 2,667 SF
    • 1.46 lot acres
    Off-Market
    Last Sale Oct 8, 2024
    Property ID
    US43-1343855
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • RPM Auto Sales / Car Dealership

    Property Details for 5436 Cedar St

    Year built
    1956
    Lot size
    1.46 lot acres
    Property size
    2,667 SF
    Zone code
    F COMM
    Property type
    Auto shops
    APN
    33-01-05-04-251-262
    APU
    33010504251262

    Description

    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.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5488
    Latitude
    42.6781
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,141
    $108,700
    $127,500
    $236,200
    -
    $217,400
    $255,000
    $472,400
    More about this property
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