Property profile

516 Elmwood Rd Lansing, MI 48917

OFF-MARKET
Individual retail properties
Saved · see the list in your Dashboard
Property ID
US43-1979951
5,440 SF 0.6 ac Built 1968
Last sale Nov 2020·$280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$239k
Effective rate5.30%

Value estimate

· Nov 2026
$230k
$207k – $253k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NONE
JurisdictionEATON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
Kitchen & Bath10.4
Convenience Store10.1

Location

516 Elmwood Rd Lansing, MI 48917-2618
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
632 Dibble, Lansing, MI 48917-2830 $335,000 Mar 2025 5,192 SF
6101 Saginaw, Lansing, MI 48917-2466 $1,325,000 Jan 2022 3,458 SF
5020 Saginaw, Lansing, MI 48917-2625 $760,000 Aug 2021 4,036 SF
5601 Saginaw, Lansing, MI 48917-2456 $800,000 Mar 2021 7,500 SF
5507 Saginaw, Lansing, MI 48917-1920 $1,050,000 Feb 2020 3,322 SF
4244 Saginaw, Lansing, MI 48917-2110 $425,000 Jun 2019 3,012 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 516 Elmwood Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved