Financial
Distress signals
Property profile

801 Waverly Rd Lansing, MI 48917

OFF-MARKET
Office buildings
Property ID
US43-1245832
36,429 SF 1.92 ac lot Built 1986
Last sale Aug 2023 · $850,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A three-story professional office building located in Lansing on South Waverly Road, just south of West St. Joseph Highway, providing access to Downtown Lansing and a major merchant center. The building has a total area of 32,648 square feet and includes flexible floorplans, with renovations completed to update the property. It is positioned with convenient access to I-496 via nearby highway connections and includes an oversized parking lot with capacity for more than 300 vehicles.

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?
$73k
Tax billed · 2022
Assessed value · 2023$1.22M
Assessed land$77k
Assessed improvement$1.14M
Effective rate6.00%

Value estimate

· Sep 2026
$800k
$720k – $880k
AI approach$1.14M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$48 – $195

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?
G GENER
JurisdictionINGHAM

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 agency17.2
Restaurant16.9
Parking Facility12.3

Location

801 Waverly Rd Lansing, MI 48917-5202
County assessor Recorded deeds · 4 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
826 Municipal, Lansing, MI 48917-6872 $1,000,000 Oct 2024 11,649 SF
4710 Saginaw, Lansing, MI 48917-2697 $700,000 Aug 2023 13,765 SF
4300 Saginaw, Lansing, MI 48917-2112 $1,900,000 Jun 2023 115,349 SF
3721 Michigan Ave, Lansing, MI 48917-3693 $230,000 May 2023 17,496 SF
906 Centennial, Lansing, MI 48917-8256 $1,800,000 Apr 2023 8,474 SF
3001 Main, Lansing, MI 48917-4352 $800,000 Jul 2022 24,579 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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