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Property profile

1149 Washington Ave 29 Lansing, MI 48910

OFF-MARKET
Commercial real estate
Property ID
US43-1378464
1,430 SF 0.04 ac lot Built 1900
Last sale Oct 2015 · $115,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,430 square foot creative office space is located in Lansing, Michigan, at 1149 S Washington Ave, on the corner of Washington Avenue and South Street. The property, part of a two-story building constructed in 1900 and extensively renovated in 2017, offers a unique blend of modern amenities and historic charm. The single-tenant space occupies the second level, boasting beautiful exposed brick, rich wood finishes, and abundant natural light. The layout includes private…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$248
Tax billed · 2020
Assessed value · 2023$4k
Assessed land$4k
Effective rate6.89%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$245k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$48/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$5 – $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?
F COMM
JurisdictionINGHAM

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 Office14.4
Skin Care Clinic12.8
Spa & Massage12.5

Location

1149 Washington Ave, Unit 29 Lansing, MI 48910-1648
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1401 Moores Riv, Lansing, MI 48910-1251 $5,500 Jun 2025 1,288 SF
Cloverland, Lansing, MI 48910 $245,000 Oct 2023 1,760 SF
2520 Jolly, Lansing, MI 48910-5700 $600,000 Jul 2021 8,965 SF
3001 Cedar, Lansing, MI 48910-3034 $81,000 May 2019 1,698 SF
1141 Washington, Lansing, MI 48910-1648 $225,000 Nov 2018 2,145 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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