Property profile

1520 Michigan Ave Lansing, MI 48912

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US43-1332583
1,540 SF 0.06 ac Built 1929
Last sale Feb 2024·$175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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 · 2020

What does the county charge?
$1k
Tax billed · 2020
Assessed value · 2023$78k
Assessed land$9k
Assessed improvement$69k
Effective rate1.66%

Value estimate

· Nov 2026
$175k
$158k – $193k
AI approach$175k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
Submarket average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$44 – $102
Qualifying comparables6

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?
F-1 COM
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.2
Pawn Shop9.9
Daycare Center9.8

Location

1520 Michigan Ave Lansing, MI 48912-2221
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1918 Michigan, Lansing, MI 48912-2829 $220,000 Jun 2025 1,536 SF
1522 Michigan, Lansing, MI 48912-2221 $175,000 Feb 2024 1,540 SF
1723 Michigan, Lansing, MI 48912-2824 $350,000 Mar 2022 1,596 SF
1900 Kalamazoo, Lansing, MI 48912-2735 $2,500,000 Mar 2021 1,440 SF
419 Clippert, Lansing, MI 48912-4603 $180,000 Aug 2020 1,500 SF
1825 Michigan, Lansing, MI 48912-2826 $115,000 Jan 2020 1,385 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

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