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    609 Waverly Rd Lansing, MI 48917

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 609 Waverly Rd

    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.6035
    Latitude
    42.7403

    Comparable in this City

    • Value Estimation by Request
      112,011 SF

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      BOARDING/ROOMING HOUSE • 112,011 SF
      5503 Saginaw Hwy, Lansing, MI 48917-1920
      View Details
    • Value Estimation by Request
      189,157 SF

      5843 Saginaw Hwy

      BOARDING/ROOMING HOUSE • 189,157 SF
      5843 Saginaw Hwy, Lansing, MI 48917-2460
      View Details
    • Value Estimation by Request
      3.88 Acres

      1001 Centennial Way Ste, Unit 200

      COMMERCIAL (GENERAL) • 3.88 Acres
      1001 Centennial Way Ste, Lansing, MI 48917-8249
      View Details
    • Value Estimation by Request
      0.29 Acres

      2442 Briarhill Dr

      COMMERCIAL (GENERAL) • 0.29 Acres
      2442 Briarhill Dr, Lansing, MI 48917-9742
      View Details
    • Value Estimation by Request
      0.29 Acres

      Briarhill Dr

      COMMERCIAL (GENERAL) • 0.29 Acres
      Briarhill Dr, Lansing, MI 48917
      View Details
    • Value Estimation by Request
      11.06 Acres

      215 Canal Rd

      COMMERCIAL (GENERAL) • 11.06 Acres
      215 Canal Rd, Lansing, MI 48917-9771
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.93 Acres

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    • Contact for pricing
      1.48 Acres

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      Prime location, flexible zoning, multiple uses.
      0 Marketplace Blvd, Lansing, MI 48917
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    • $499,000
      4.95 Acres

      Lansing Commercial Land: 4.95 Acres

      Prime 4.95-acre commercial lot, shovel-ready.
      8128 Redwood Blvd, Lansing, MI 48917
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    • $1,500,000
      4.96 Acres

      Lansing Commercial Land - WestPark

      4.96-acre lot, prime commercial location.
      3425 Saginaw St, Lansing, MI 48917
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    • Contact for pricing
      1.50 Acres

      MERS Park Office Land

      Prime Lansing office land, 1.5-11.63 acres.
      0 Municipal Way, Lansing, MI 48917
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    • $108,900
      1.00 Acre

      Industrial Land in Lansing, MI

      One-acre industrial land with utilities in established park near highways.
      Rickle St, Lansing, MI 48917
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      48,704 SF

      Verndale Office Park: Premier Office Space

      Prestigious Eaton County office park; ample parking.
      6105 St Joseph Hwy, Lansing, MI 48917
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    • $8 SF/Yr
      33,000 SF

      Industrial Warehouse and Office Space

      Newly built industrial warehouse and office space for lease.
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    • Contact for pricing
      448,350 SF

      Delta Township Industrial/Logistics Opportunity

      Class A industrial build-to-suit opportunity in Delta Township, Michigan.
      3333 S Canal Rd, Lansing, MI 48917
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    • $14 SF/Yr
      1,538 SF

      Class A Office Building ForRent

      Newly built Class A office building near I-96/Saginaw Highway interchange.
      8158 Executive Ct, Lansing, MI 48917
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    • $16 SF/Yr
      14,533 SF

      Centurion Office Suites Available

      Delta Township Office Space: 4,852 SF
      6525 Centurion Dr, Lansing, MI 48917
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    609 Waverly Rd
    Lansing, MI 48917
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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