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Financial
Distress signals
Property profile

1060 Trowbridge Rd Ste 1 East Lansing, MI 48823

OFF-MARKET
Strip malls
Property ID
US43-4316121
7,975 SF 0.37 ac lot Built 1966
Last sale Aug 2026 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 1060 Trowbridge Road in East Lansing, Michigan consists of a retail center with a total retail building that is designed to accommodate tenant occupancy within a retail-focused layout. The building has historically been used as a single-tenant retail space, and the overall configuration allows for reconfiguration and separate leasing of portions of the building, including potential suitability for a restaurant tenant along with leasing of remaining areas. The center is situated…

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?
$19k
Tax billed · 2022
Assessed value · 2023$259k
Assessed land$52k
Assessed improvement$208k
Effective rate7.34%

Value estimate

· Oct 2026
$450k
$405k – $495k
AI approach$450k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$38 – $90

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?
B2
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.9
Electrical Service9.6
Wholesale Shop9.5

Location

1060 Trowbridge Rd Ste, Unit 1 East Lansing, MI 48823-5248
County assessor Recorded deeds · 1 transfer 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

2 recorded sales · 17 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4972 Northwind, East Lansing, MI 48823-5089 $1,530,000 Nov 2021 17,392 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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