Entity Owned Property summary
This Lansing, MI shopping center presents a compelling value-add opportunity. The 5,964 square foot, single-story building, constructed in 2005, sits on a 0.75-acre lot and features 40 parking spaces. Currently operating at 30% occupancy with two tenants, the property offers 4,200 square feet of net rentable space, divisible into 1,500 and 2,700 square foot units. A strong anchor tenant, Bigby Coffee with a drive-thru, generates significant traffic. The property is zoned commercial and… benefits from its proximity to Lansing's state capitol, Lansing Center, Lansing Community College, and Cooley Law School. Adjacent land (approximately 1.37 acres) is also available for purchase, currently generating $12,000 annual revenue via an easement agreement. The asking price is $675,000 ($113.18/sq ft). This property is ideal for quick-service restaurants, daytime service businesses, medical offices, or other retail establishments. The former 1,500 square foot Herbalife space is ready for immediate build-out. The property's APN is 33-01-01-09-480-002 & 33-01-01 09-480-062. This is a Class B, multi-tenant property with five units in total.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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