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Property profile & analytics
OFF-MARKET Estimated value $830,000
Strip malls

815 Edgewood Blvd E E Ste Lansing, MI 48911-7515

16,900 SF 1.73 ac lot Built 2006
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US43-0887078
Property summary
AI-generated overview

This 1,520 square foot retail space, located at 815 W Edgewood Blvd in Lansing, Michigan, is situated within a retail center anchored by Dollar General, ensuring high visibility and foot traffic. Built in 2006, this single-tenant space is part of a larger 17,965 square foot building and offers abundant natural light from large front and side windows. The property features convenient on-site parking, making it easily accessible for customers. The versatile space is ideal for a variety of businesses, including salons, food services (such as sandwich shops or coffee shops), pet grooming, and more. Its location in Ingham County (APN 01-05-08-282-001) provides excellent access to a substantial customer base. This single-story building offers a prime opportunity for businesses seeking a well-located and attractive retail space in a thriving Lansing commercial area. The space is perfect for entrepreneurs looking to establish a new business or for existing businesses seeking to expand or relocate to a high-traffic location. The property's convenient parking and prominent location within a busy retail center make it an exceptional opportunity for growth and success. This is a single-tenant space within a larger building, offering a unique opportunity to establish a strong presence in a bustling commercial area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 16,900 SF
Lot 1.73 ac (75,489 SF)
Zoning code F COMM
APN 33-01-05-08-282-005
UPID US43-0887078
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
Current use
Occupant on record · Public records
  • A1 Garage Door Service Building Supply General Contractor
  • Lansing Fish Market Restaurant
  • Edgewood Super Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Netzero Income Tax Accounting Firm Tax Preparation
  • Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
$646k
Blend (final) Blend
$830k
Owner & transaction history
Sam Rental LLC · 4 yrs held
Sam Rental LLC
since 2022
Last sale
$837,000
1 recorded transaction
2022
$837,000
Zoning & alternative use
F COMM · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.2M +11.3%
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