Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

610 N Cedar St Mason, MI 48854

FOR SALE
Strip malls
Property ID
US43-1082519
19,157 SF 1.48 ac lot Built 1996
Last sale Sep 2016 · $1,535,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
610 N Cedar St, Mason, MI 48854 For Sale
$565,000 19,157 SF
610 N Cedar St, Mason, MI 48854
View Listing

Property summary

AI-generated overview

The property consists of a highly visible retail building on approximately 1.48 acres in an established retail corridor in Lansing, surrounded by retail, restaurant, medical, and service uses. The facility includes drive-thru capability and is configured to support flexible occupancy, including an end-cap retail setup that can be demised to suit tenant space requirements, with a referenced total retail building size of 19,157 SF and an end-cap configuration of 11,175 SF.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$45k
Tax billed · 2021
Assessed value · 2023$698k
Assessed land$137k
Assessed improvement$561k
Effective rate6.45%

Value estimate

· Oct 2026
$565k
$509k – $622k
AI approach$565k
Submarket $/SF estimate$1.13M
NOI build-up
Gross scheduled income$134k
Vacancy & credit loss−$24k
Operating expenses−$33k
NOI · 689.64% cap applied$77k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$38 – $90

Cap rate analysis

How does the asset earn?
689.64%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.8
Building Supply15.2
Dental Office14.5

Location

610 N Cedar St Mason, MI 48854
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 11 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
306 Cedar, Mason, MI 48854-1435 $150,000 Jan 2025 3,700 SF
125 Kipp, Mason, MI 48854-8202 $2,180,000 Sep 2023 14,985 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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