5116 PennsylvaniaLansing, MI 48911

  • Retail properties
  • 3,584 SF
Off market
$93,775 Estimated

Property Details for 5116 Pennsylvania

Year built
1982
Lot size
0.36 AC
Property size (Sq ft)
3,584 SF
Property type
Retail properties
Property subtype
Auto shops
APN
33-01-05-03-101-291
APU
33010503101291

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $329,585
    6.5%
    $304,233
    7%
    $282,502
  • Comparable approach

    Method
    Valuation
    Relative Method
    $844,823
    Geo Method
    $844,823
  • Alternative Use

    Use
    Valuation
    Residential
    $256,632
    Hospitality
    $235,073
    Educational
    $195,578
    Medical
    $202,304
    Retail
    $304,233
5116 Pennsylvania, Lansing, Michigan

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.6823
Longitude
-84.5388
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $45,800
  • Assessed land value
    $31,700
  • Assessed value
    $77,500
  • Tax year
    2020
  • Tax bill
    $4,569

FAQs

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