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Financial
Distress signals
Property profile

16120 S Us Highway 27 Lansing, MI 48906

FOR SALE
Auto shops
Property ID
US43-2222581
800 SF 0.33 ac lot Built 1925
Last sale Apr 2015 · $20,150
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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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. 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.

Debts

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?
$2k
Tax billed · 2022
Assessed value · 2024$21k
Assessed land$16k
Assessed improvement$6k
Effective rate7.94%

Value estimate

· Oct 2026
$80k
$72k – $88k
AI approach$50k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$2k
Operating expenses−$3k
NOI · 7.31% cap applied$7k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
Submarket average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$54 – $143

Cap rate analysis

How does the asset earn?
7.31%
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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

16120 S Us Highway 27 Lansing, MI 48906
County assessor Recorded deeds · 2 transfers 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
720 Larch, Lansing, MI 48906-5224 $375,000 Jul 2025 1,380 SF
405 Maple, Lansing, MI 48906-5237 $364,723 Mar 2023 1,104 SF
300 Sheridan, Lansing, MI 48906-2226 $75,000 Nov 2022 1,442 SF
Lansing, MI 48906-4108 $602,268 May 2021 1,264 SF
16987 Turner, Lansing, MI 48906-2303 $83,000 May 2021 1,232 SF
1600 Grand Riv, Lansing, MI 48906-3935 $140,000 May 2021 1,319 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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