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    Property profile & analytics

    661 Cedar St Mason, MI 48854-1013

    • Turn key restaurants
    • 1,744 SF
    • 1.87 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Location Intelligence
    Property ID
    US43-1570162
    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

    • Commercial Bank / Atm / Bank
    • BIGGBY COFFEE / Coffee Shop / Cafe
    • ATM / Atm

    Property Details for 661 Cedar St

    Year built
    1965
    Lot size
    1.87 lot acres
    Property size
    1,744 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    33-19-10-05-302-013
    APU
    33191005302013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $460,000

    • CAP approach

      CAP return
      Estimation
      6%
      $675,000
      6.5%
      $650,000
      7%
      $665,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $630,000
      Geo Method
      $565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $740,000
      Retail
      $710,000
      Mixed-Use
      $615,000
      Hospitality
      $605,000
      Educational
      $745,000
      Residential Income
      $770,000
      Energy
      $665,000
      Income-Based Land
      $790,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Mason
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4581
    Latitude
    42.589
    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
    2022
    $31,860
    $173,100
    $282,640
    $455,740
    -
    $346,200
    $565,280
    $911,480

    Comparable in this City

    • Value Estimation
      $325,000
      1,440 SF

      222 Cedar St

      RESTAURANT • 1,440 SF
      222 Cedar St, Mason, MI 48854-1011
      View Details
    • Value Estimation
      $315,000
      1,540 SF

      402 Jefferson St, Unit 5

      RESTAURANT • 1,540 SF
      402 Jefferson St, Mason, MI 48854-1630
      View Details
    • Value Estimation
      $365,000
      1,886 SF

      111 Mason St

      RESTAURANT • 1,886 SF
      111 Mason St, Mason, MI 48854-1125
      View Details
    • Value Estimation
      $560,000
      9,266 SF

      318 Kipp Rd

      RESTAURANT • 9,266 SF
      318 Kipp Rd, Mason, MI 48854-9701
      View Details
    • Value Estimation
      $275,000
      1,730 SF

      356 Jefferson St

      RESTAURANT • 1,730 SF
      356 Jefferson St, Mason, MI 48854-1178
      View Details
    • Value Estimation
      $350,000
      2,592 SF

      368 Jefferson St, Unit 10

      RESTAURANT • 2,592 SF
      368 Jefferson St, Mason, MI 48854-1652
      View Details

    Similar Nearby for Sale

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      Two-building retail property with high-traffic frontage, leased until 2025.
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    • Contact for pricing
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      Downtown Mason Office Space Available

      Office space for sale in downtown Mason, Michigan.
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    • New
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      1.00 Acre

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      Residential Land in Mason, MI

      Residential land for sale in established subdivision, Mason, MI.
      505 Middlebury Ln, Mason, MI 48854
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    • $75,000
      5.20 Acres

      Land in Mason, Michigan

      5.20 acre building site in Mason school district.
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    • $2,500,000

      Multifamily Development Site in Mason

      Prime development land near Mason High School and US 127.
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    Similar Nearby for Lease

    • $6 SF/Yr
      12,200 SF

      Retail/Flex Space in Mason

      Shopping center with retail or flex industrial space available.
      556-558 N Cedar St, Mason, MI 48854
      View Details
    • $6 SF/Yr
      24,400 SF

      Mason Plaza Retail/Flex Space

      Prime Mason, MI retail & industrial space.
      558 Cedar St, Mason, MI 48854
      View Details
    • Contact for pricing
      180,900 SF

      Nuco Industrial: Prime Flex Space

      180,900 SF Flex Space, 34,800 SF Available
      454 North St, Mason, MI 48854
      View Details
    • $9 SF/Yr
      1,584 SF

      Spacious Warehouse in Mason, Michigan

      1,584 sq ft warehouse space ideal for storage and distribution.
      4171 Legion Dr, Mason, MI 48854
      View Details

    Property Visit Statistics

    • Visits by month
      16.5k
    • Visitors by month
      9.0k
    • Avg Time on site
      12 min
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    661 Cedar St
    Mason, MI 48854-1013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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