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Property profile & analytics

6070 Martin Luther King Jr Blvd, Unit 2 Lansing, MI 48911-4600

  • Retail space
  • 11,996 SF
  • 0.91 lot acres
OFF-MARKET
Last Sale
Sep 14, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1437893
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.

Current Use by Public Records

  • Eric's Cycling & Fitness / (Bike/Boat/Book/etc) Store
  • Capital City Auction Sales LLC / Trade Show Venue / (Bike/Boat/Book/etc) Store
  • Aquarius Pools by Theresa LLC / General Contractor
  • Plush Beauty & Spa / Hair Salon / Nail Salon

Property Details for 6070 Martin Luther King Jr Blvd

Year built
1935
Lot size
0.91 lot acres
Property size
11,996 SF
Zone code
J & F
Property type
Retail space
APN
33-01-05-05-353-012
APU
33010505353012

Description

This exceptional 1,900 square foot retail suite, located at 6070 S MLK, Suite B, Lansing, MI, presents a fantastic opportunity for businesses seeking a modern and well-appointed space. Situated in the Eric's Cycle retail center, just north of I-96 on S Martin Luther King, this single-tenant suite boasts a prime location with excellent visibility. Recently renovated, the suite features a brand-new restroom, a high-efficiency furnace, and complete insulation, ensuring a comfortable and energy-efficient environment. Natural light floods the space through large windows spanning over 39 feet of frontage, creating an inviting atmosphere for customers. A rear entry provides convenient access for deliveries and waste disposal. The property also benefits from a recently repaved and restriped parking lot, offering ample parking for customers. Utilities are separately metered for gas and electricity, and monthly trash service is $45. The building is a single-story, 11,996 square foot structure on a 0.91-acre lot, zoned F. This is a fully renovated, move-in ready space ideal for a variety of retail businesses. Don't miss this chance to establish your business in a thriving location with excellent amenities.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5821
Latitude
42.671
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
2020
$16,612
$79,000
$188,700
$267,700
-
$158,000
$377,400
$535,400
More about this property
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