Property profile

726 Michigan Ave 2 Lansing, MI 48912

OFF-MARKET
Retail space
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Property ID
US43-1507270
7,708 SF 0.34 ac Built 1926
Last sale Dec 2013·$900,000
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?
$11k
Tax billed · 2020
Assessed value · 2023$199k
Assessed land$53k
Assessed improvement$146k
Effective rate5.60%

Value estimate

· Nov 2026
$290k
$261k – $319k
AI approach$290k

Realmo valuation models over county records and 3 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 comparables3

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?
H LT IN
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center11.1
Laundry Service10.8
Tailor Shop10.7

Location

726 Michigan Ave, Unit 2 Lansing, MI 48912-1435
County assessor Recorded deeds · 10 transfers 3 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
1901 Michigan, Lansing, MI 48912-2844 $440,000 Dec 2024 4,059 SF
3030 Michigan, Lansing, MI 48912-4617 $900,000 Jun 2023 7,475 SF
3435 Saginaw, Lansing, MI 48912-4717 $3,400,000 Jan 2022 15,287 SF
1910 Michigan, Lansing, MI 48912-2829 $230,000 Oct 2020 3,500 SF
605 Michigan, Lansing, MI 48912-1180 $300,000 Sep 2020 3,564 SF
402 Homer, Lansing, MI 48912-4610 $450,000 Mar 2019 4,800 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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