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Property profile & analytics
OFF-MARKET
Drug stores

632 Dibble Ave Lansing, MI 48917-2830

5,192 SF 1.71 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US43-2498374
Property summary
AI-generated overview

This 5,192 square foot freestanding retail building is situated on a 1.71-acre lot in Lansing, Michigan, at 632 N Dibble. The property is zoned commercial and boasts a convenient drive-thru, making it exceptionally suitable for a variety of uses including food service, retail, medical offices, or restaurants. Its prime location on a busy corridor offers excellent visibility and accessibility. The building benefits from its proximity to a McDonald's, ensuring high traffic flow. Ample parking is available with 28 spaces. The substantial lot size presents significant opportunities for future expansion, catering to the needs of a growing business. This property is ideal for owner-occupiers seeking a strategic location or investors looking for a strong return. The building is currently available for sale, with a lease option also being considered. This versatile property presents a unique opportunity for a variety of businesses seeking a high-traffic location with ample space and expansion potential.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1998
Total area 5,192 SF
Lot 1.71 ac (74,488 SF)
Zoning code NONE
APN 040 069 000 067 00
UPID US43-2498374
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coinhub Bitcoin ATM Teller Atm
  • Martin Cobb Pharmacy
  • CDReload - Online Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
632 Dibble LLC · 1 yrs held
632 Dibble LLC
since 2025
Last sale
$335,000
7 recorded transactions
2025
$335,000
2019
$650,000
2018
$575,000
2018
Price N/A
2018
Price N/A
2018
$579,301
2016
Price N/A
Zoning & alternative use
NONE · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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