515 Grand RivEast Lansing, MI 48823

  • Retail space
  • 18,540 SF
Off market
$633,800 Estimated

Property Details for 515 Grand Riv

Year built
1991
Lot size
0.30 AC
Property size (Sq ft)
18,540 SF
Zone code
B3
Property type
Retail space
APN
33-20-02-18-168-011
APU
33200218168011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,704,942
    6.5%
    $1,573,792
    7%
    $1,461,379
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,370,264
    Geo Method
    $4,370,264
  • Alternative Use

    Use
    Valuation
    Residential
    $1,327,553
    Hospitality
    $1,216,031
    Educational
    $1,011,724
    Medical
    $1,046,518
    Retail
    $1,573,792
515 Grand Riv, East Lansing, Michigan

Location Insight

City
East Lansing
County
Ingham
State
Michigan
Latitude
42.7339
Longitude
-84.4778
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$43,767
$397,900
$235,900
$633,800
-
$795,800
$471,800
$1,267,600

Property Visit Statistics

  • Visits by month
    11.4k
  • Visitors by month
    9.2k
  • Avg Time on site
    42 min

FAQs

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