Property profile

6546 Mercantile Way Lansing, MI 48911

OFF-MARKET
Office buildings
Property ID
US43-0220626
25,527 SF 2.11 ac lot Built 1977
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Total area 25,527 SF
Lot 2.11 ac (91,694 SF)
Zoning code G-2 WHO
APN 33-01-05-10-176-062
UPID US43-0220626

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Public Health Department
  • State Government Office

Location

6546 Mercantile Way Lansing, MI 48911-5971
Lansing metro Census 5304 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$665k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2010
Price N/A

Zoning & alternative use

G-2 WHO · Lansing, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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