Financial
Distress signals
Property profile

16203 Us Hwy 27 Lansing, MI 48906

OFF-MARKET
Grocery and convenience stores
Property ID
US43-2382191
3,456 SF 0.4 ac lot Built 1946
Last sale Apr 2025 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2024$103k
Assessed land$19k
Assessed improvement$84k
Effective rate4.35%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$235k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$30 – $79
Qualifying comparables8

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?
BC
JurisdictionCLINTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.9
Law Firm10.9
Restaurant10.2

Location

16203 Us Hwy 27 Lansing, MI 48906-5634
County assessor Recorded deeds · 4 transfers 8 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1015 Saginaw, Lansing, MI 48906-5519 $1,100,000 Jan 2026 3,384 SF
940 Cesar E Chavez, Lansing, MI 48906 $70,000 Mar 2025 3,120 SF
3127 Turner, Lansing, MI 48906-3124 $200,000 Mar 2024 3,324 SF
2916 Turner, Lansing, MI 48906-4029 $52,000 Sep 2022 3,384 SF
1221 Turner, Lansing, MI 48906-4377 $475,500 Jun 2022 3,106 SF
208 Cesar E Chavez, Lansing, MI 48906-4372 $440,000 Mar 2022 3,610 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
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