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6045 S Cedar St
Lansing, MI 48911
Fully Entitled Develop-Ready Gas Station · Retail Property For Sale
Investment Highlights
- Fully Entitled Development-Ready Gas Station | Only Permits Needed
- Four Potential Gas Pumps with Eight Fueling Stations
- Intersection of E. Miller Road and S. Cedar St. Averages 44,900+ Vehicles Per Day
- Hard Corner Lighted Intersection | Gas Station Highest and Best Use
- Prime location in Lansing | Located in Major Retail Corridor with Meijer, Culver's, Harbor Freight, Apple Bee's, Arby's, Pet Supplies Plus, and Panera
- Excellent Demographics | Average Household Income is $73,774 within 5-Miles
Executive Summary
Fully Entitled Development-Ready Gas Station | Only Permits Needed
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
7,699 SF
Building Class
C
Year Built
1975
Price
$1,550,000
Price Per SF
$201.32
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.84 AC
Zoning
F COMM
Parking
7 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 01-05-04-481-032 | Improvements Assessment | $221,300 |
| Land Assessment | $82,900 | Total Assessment | $304,200 |
Property Taxes
Parcel Number
01-05-04-481-032
Land Assessment
$82,900
Improvements Assessment
$221,300
Total Assessment
$304,200
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