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    809 Ctr St Lansing, MI 48906-5258
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    Property profile & analytics

    809 Ctr St Lansing, MI 48906-5258


    • Office buildings
    • 11,226 SF
    • 1.08 lot acres
    Off-Market
    Last Sale Mar 4, 2022
    Property ID
    US43-1081108
    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.

    Value Estimations
    $685,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Alyssa's Massage Therapy / Alternative Medicine Practice / Spa & Massage Center
    • Scott Kribs / Alternative Medicine Practice
    • Kare's Massage & Healing / Alternative Medicine Practice / Spa & Massage Center
    • People Stand Together / Charitable Organization
    • Bona Fide Healing LLC. / Physician / Alternative Medicine Practice

    Property Details for 809 Ctr St

    Year built
    1966
    Lot size
    1.08 lot acres
    Property size
    11,226 SF
    Zone code
    H LT IN
    Property type
    Office buildings
    APN
    33-01-01-09-452-042
    APU
    33010109452042

    Description

    This 22,200-square-foot Class B office building, located at 809 Center Street in Lansing, Michigan, presents a compelling investment opportunity. Built in 1996 (with renovations completed that same year), the property sits on a 1.46-acre lot and offers multiple tenancy options. The building features 63 total parking spaces, providing ample convenience for tenants and visitors. An elevator is available for easy access to all floors. Individual office suites are available on the lower level. The property boasts excellent visibility and accessibility, with multiple access points on Center Street and prominent roadside directory signage. Its location offers easy access to the downtown area and benefits from high traffic counts on Oakland Avenue, averaging over 10,000 vehicles daily. Furthermore, the property provides convenient access to the Lansing River Trail. The property's APN is 33-01-01-09-452-042 and is situated in the Central Business District, Mid Michigan submarket cluster, with a zip code of 48906. This well-maintained building offers a blend of functionality and prime location, making it an attractive option for businesses seeking a presence in Lansing's vibrant commercial sector. The property is professionally managed.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $415,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $839,000
      Market price range: $695k - $1.28M
      AI Estimate
      $803,000
      Market price range: $507k - $1.38M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $945,000
      Current use
      RESTAURANT
      $980,000
      Change: +4% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $960,000
      Change: +1% Conversion: Difficult
      MEDICAL BUILDING
      $955,000
      Change: +1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5485
    Latitude
    42.7429
    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
    2020
    $17,823
    $116,800
    $392,500
    $509,300
    -
    $233,600
    $785,000
    $1,018,600
    More about this property
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