Technical
Financial
Distress signals
Property profile

Nn 2nd St---v L L Elsie, MI 48831

OFF-MARKET
Commercial land
Property ID
US43-3207583
0.7 ac lot
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.7 ac (30,492 SF)
Zoning code C-2
APN 061-200-010-003-00
UPID US43-3207583

Cap rate & NOI

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

Location

Nn 2nd St---v L L Elsie, MI 48831
Elsie metro Census 10702 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2024
2 recorded transactions
2024
$45,000
2018
Price N/A

Zoning & alternative use

C-2 · Elsie, MI
Zoning description

Sec. 15-310. C-2 General Commercial district. The purpose of the General Commercial district is to provide locations for uses which either generate significant automobile traffic or require parking, storage or building s…

General category COMMERCIAL

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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