6040 Martin Luther King JrLansing, MI 48911
- Retail properties
- 3,410 SF
For Sale
$199,950
View listing
Property Details for 6040 Martin Luther King Jr
- Year built
- 1955
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 3,410 SF
- Zone code
- E-2 LOC
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 33-01-05-05-351-081
- APU
- 33010505351081
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $313,584
- 6.5%
- $289,462
- 7%
- $268,786
-
Comparable approach
- Method
- Valuation
- Relative Method
- $676,953
- Geo Method
- $676,953
-
Alternative Use
- Use
- Valuation
- Residential
- $244,172
- Hospitality
- $223,661
- Educational
- $186,083
- Medical
- $192,483
- Retail
- $289,462
6040 Martin Luther King Jr, Lansing, Michigan
Location Insight
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Latitude
- 42.6715
- Longitude
- -84.5812
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
-
Assessed Improved Value$52,100
-
Assessed land value$24,700
-
Assessed value$76,800
-
Tax year2020
-
Tax bill$4,143
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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