Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

6420 S Cedar St Lansing, MI 48911

FOR SALE
Other automotive properties
Property ID
US43-1843586
21,892 SF 5.74 ac lot Built 1970
Last sale Sep 2025 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of retail pad sites along S. Cedar Street in Lansing, planned to support flexible commercial development. The sites are within MX-C zoning, a classification that allows a wide range of neighborhood- and destination-oriented uses, including restaurants, retail, car washes, service stations, and financial institutions. The location is near the I-96 corridor, providing convenient access and visibility from a high-traffic retail area. The overall offering includes multiple pad options, with sizes ranging from approximately 1.00 to 3.75 acres.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$59k
Tax billed · 2022
Assessed value · 2023$741k
Assessed land$389k
Assessed improvement$352k
Effective rate7.98%

Value estimate

· Oct 2026
$650k
$585k – $715k
Submarket $/SF estimate$1.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
Submarket average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$54 – $143

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
F COMM
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 agency32.4
Law Firm21.4
Building Supply18.1

Location

6420 S Cedar St Lansing, MI 48911
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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1440 Keystone, Lansing, MI 48911-4038 $350,000 Sep 2024 6,424 SF
5115 Pennsylvania, Lansing, MI 48911-4002 $170,000 Mar 2024 4,608 SF
6000 Pennsylvania, Lansing, MI 48911-5233 $205,000 Jun 2021 10,355 SF
5803 Pennsylvania, Lansing, MI 48911-5230 $135,000 Nov 2019 8,497 SF
5514 Pennsylvania, Lansing, MI 48911-4012 $500,000 Nov 2019 6,400 SF
3237 Miller, Lansing, MI 48911-4431 $400,000 Jan 2019 6,000 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again