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 year
    2020
  • Tax bill
    $4,143

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].