Property profile

8989 Colony Rd Elsie, MI 48831

OFF-MARKET
Auto shops
Property ID
US43-2512847
6,000 SF 11.18 ac lot
Entity Owned Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Total area 6,000 SF
Lot 11.18 ac (487,001 SF)
Zoning code A-2
APN 060-026-400-005-60
UPID US43-2512847

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School
  • High School
  • School District Office
  • Training Center Vocational School

Location

8989 Colony Rd Elsie, MI 48831-9724
Elsie metro Census 10702 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$610k
Blend (final) Blend
$415k

Owner & transaction history

Zoning & alternative use

A-2 · Elsie, MI
Top alternative use upside
Office building $795,000 +30.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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