Realmo Analytics
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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
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2020
Value estimate
· Oct 2026Realmo valuation models over county records.
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 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,964 SF
- Lot area
- 0.75 ac
- Year built
- 2005
- Stories
- 1
- APN
- 33-01-01-09-480-002
- Zoning
- D-1 PRO
- Assessed value · 2023
- $310,500
- Annual tax · 2020
- $22,390
- Auto Repair, Garage
- Medical Building
- Office Building
- Neighborhood: Shopping Center
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: 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.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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