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Property profile & analytics

801 Waverly Rd Lansing, MI 48917

  • Office buildings
  • 36,429 SF
  • 1.92 lot acres
Value Estimation
$835,000
Last Sale
Aug 17, 2023
$850,000
Location Intelligence
Property ID
US43-1245832
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Compassus / Hospice / Home Health Care Service
  • Nationwide Collection Agencies / Insurance Agency
  • Evangelical Lutheran Church-Amer / Lutheran Church
  • Mark W Teachout Ciccfp & Associates / Financial Planner
  • Sunset Detox / Mental Health Service

Property Details for 801 Waverly Rd

Year built
1986
Lot size
1.92 lot acres
Property size
36,429 SF
Zone code
G GENER
Property type
Office buildings
APN
33-21-01-19-101-015
APU
33210119101015

Description

This exceptional three-story Class B office building, located at 801 S. Waverly Rd in Lansing, Michigan, offers a diverse range of executive office suites for lease. Built in 1986, the property boasts a total of 32,648 square feet, encompassing ten individual suites. The building is ideally situated for businesses seeking convenient access to downtown Lansing and major retail centers. Space options are flexible, ranging from a minimum of 307 square feet to a maximum contiguous space of 10,963 square feet, catering to various business needs and sizes. Multiple tenancy options are available to accommodate diverse occupancy requirements. The building provides ample parking with 300 spaces for tenants and visitors. The property is located in Ingham County, Michigan, with a zip code of 48917. Currently, there is 91,231 square feet of vacant space available for lease. This presents a unique opportunity for businesses to establish a presence in a well-maintained and strategically located office building within a thriving Lansing commercial district. The building's design and amenities make it an attractive option for businesses seeking a professional and efficient workspace. Contact us today to explore leasing opportunities and secure your ideal office space in this prime Lansing location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $800,000
  • CAP approach

    CAP return
    Estimation
    6%
    $865,000
    6.5%
    $925,000
    7%
    $835,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $835,000
    Geo Method
    $860,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $715,000
    Retail
    $780,000
    Mixed-Use
    $605,000
    Hospitality
    $720,000
    Educational
    $695,000
    Residential Income
    $675,000
    Energy
    $595,000
    Income-Based Land
    $690,000
    Food Service
    $650,000

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.6019
Latitude
42.7253
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$73,195
$76,500
$1,142,800
$1,219,300
-
$153,000
$2,285,600
$2,438,600
More about this property
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