2824 Grand RivLansing, MI 48912

  • Retail properties
  • 12,156 SF
For Lease
$16/SF/YR View listing

Property Details for 2824 Grand Riv

Year built
2008
Lot size
1.40 AC
Property size (Sq ft)
12,156 SF
Zone code
G GENER
Property type
Retail properties
Property subtype
Community centers
APN
33-21-01-11-454-018
APU
33210111454018

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,117,868
    6.5%
    $1,031,878
    7%
    $958,173
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,865,422
    Geo Method
    $2,865,422
  • Alternative Use

    Use
    Valuation
    Residential
    $870,428
    Hospitality
    $797,307
    Educational
    $663,350
    Medical
    $686,164
    Retail
    $1,031,878
2824 Grand Riv, Lansing, Michigan

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.7424
Longitude
-84.5122
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $357,400
  • Assessed land value
    $106,000
  • Assessed value
    $463,400
  • Tax year
    2022
  • Tax bill
    $22,959

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