2001 MichiganLansing, MI 48912

  • Retail properties
  • 3,334 SF
Off market
$155,727 Estimated

Property Details for 2001 Michigan

Year built
1919
Lot size
0.10 AC
Property size (Sq ft)
3,334 SF
Zone code
F-1 COM
Property type
Retail properties
Property subtype
Turn key restaurants
APN
33-01-01-14-156-071
APU
33010114156071

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $306,595
    6.5%
    $283,011
    7%
    $262,796
  • Comparable approach

    Method
    Valuation
    Relative Method
    $785,893
    Geo Method
    $785,893
  • Alternative Use

    Use
    Valuation
    Residential
    $238,730
    Hospitality
    $218,676
    Educational
    $181,936
    Medical
    $188,193
    Retail
    $283,011
2001 Michigan, Lansing, Michigan

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.7339
Longitude
-84.5222
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $112,900
  • Assessed land value
    $15,800
  • Assessed value
    $128,700
  • Tax year
    2020
  • Tax bill
    $5,547

FAQs

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