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    OFF-MARKET Estimated value $2,975,000
    Grocery and convenience stores

    810 Bellevue St 836, Leslie, MI 49251-9302

    27,365 SF 4.76 ac lot Built 1962
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1382398
    Property summary
    AI-generated overview

    This exceptional retail center, situated on a 4.76-acre lot in Lansing's Leslie submarket, offers immediate occupancy in a prime location. The single-story, 25,606 square foot building, constructed in 1962 and boasting a Class C rating, features five suites with ample parking (50+ spaces). Currently, 14,304 square feet are available for lease, divisible into spaces ranging from a minimum of 840 square feet to a maximum contiguous space of 11,964 square feet. The flexible layout caters to a variety of retail uses, from smaller businesses to larger supermarket-style operations. Its strategic location just off US-127 ensures high visibility and convenient access for customers. The property is zoned B2 HWY, providing opportunities for diverse commercial ventures. The Ingham County location offers a strong foundation for business growth, with the added benefit of established infrastructure and a readily available workforce. This is an excellent opportunity for businesses seeking a high-traffic location with significant space options. The property's APN is 33-17-14-21-352-004. Don't miss this chance to establish your business in a thriving community.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1962
    Total area 27,365 SF
    Lot 4.76 ac (207,346 SF)
    Zoning code B2 HWY
    APN 33-17-14-21-352-004
    UPID US43-1382398
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.17M
    Blend (final) Blend
    $2.98M
    Owner & transaction history
    Leslie Self Storage LLC · 5 yrs held
    Leslie Self Storage LLC
    since 2021
    3 recorded transactions
    2021
    2015
    2010
    Zoning & alternative use
    B2 HWY · Leslie, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $3.4M +55.4%
    Restaurant $3.2M +47.0%
    Commercial (general) $3.1M +44.0%
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