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    8531 Lansing Rd Durand, MI 48429
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    Property profile & analytics

    8531 Lansing Rd Durand, MI 48429


    • Drug stores
    • 11,100 SF
    • 1.57 lot acres
    Retail Building with Drive-Thru For Sale
    $2,500,000
    11,082 SF

    Retail Building with Drive-Thru

    Former Rite Aid retail space with drive-thru in Durand.

    8531 Lansing Rd, Durand, MI 48429
    View Listing
    Property ID
    US43-2026490
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rite Aid Pharmacy / Pharmacy
    • Rite Aid / Pharmacy
    • Western Union / Bank / Credit Union
    • higi / Physician
    • Coinhub Bitcoin ATM Teller / Atm

    Property Details for 8531 Lansing Rd

    Year built
    1998
    Lot size
    1.57 lot acres
    Property size
    11,100 SF
    Zone code
    C-2
    Property type
    Drug stores
    APN
    020-82-104-001
    APU
    2082104001

    Description

    This exceptional retail property in Durand, Michigan, presents a significant leasing opportunity. Located at 8531 Lansing Rd, 48429, this single-tenant building offers 11,082 square feet of well-maintained space. Formerly a Rite Aid pharmacy, the property boasts a convenient drive-thru, enhancing its appeal to a wide range of potential tenants. The building's strategic location just off the freeway ensures high visibility and accessibility, maximizing exposure to a substantial customer base. The open layout provides flexibility for various retail configurations, and the property's prominent positioning ensures strong customer attention. The 1.57 acres of land offer ample space for parking and potential future expansion. While currently configured for a single tenant, the space could potentially be subdivided to accommodate multiple businesses. This adaptable design and prime location make it an ideal choice for businesses seeking a high-traffic, easily accessible retail space in a thriving Michigan community. The property is ready for immediate occupancy and offers a unique chance to establish a successful retail presence in a desirable market. Interested parties are encouraged to inquire for further details and leasing options.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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


    Location Insight

    • Map
    • Local Demand
    City
    Durand
    County
    Shiawassee
    State
    Michigan
    Longitude
    -83.9949
    Latitude
    42.9254
    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
    2024
    $39,935
    $0.00
    $0.00
    $561,490
    -
    $0.00
    $0.00
    $1,122,980
    View Listing
    More about this property
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