Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1721 N Grand River Ave Lansing, MI 48906

FOR SALE
Life science properties
Property ID
US43-1377864
22,420 SF 2.15 ac lot Built 1957
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1721 N Grand River Ave, Lansing, MI 48906 For Sale
$610,000 22,420 SF
1721 N Grand River Ave, Lansing, MI 48906
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Property summary

AI-generated overview

An industrial warehouse suite with climate-controlled interior space, 12-foot ceilings, and a layout configured for operational use. The building was constructed in 1957 and underwent remodeling in 1990; the suite is fully sprinklered and includes two dock doors and one overhead door. The property provides paved doorstep parking and is positioned along N Grand River Avenue. It is approximately 4.2 miles from both I-69 and I-496, with additional access to Old U.S. 27 and I-96. The suite contains…

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?
$28k
Tax billed · 2020
Assessed value · 2023$884k
Assessed land$134k
Assessed improvement$750k
Effective rate3.14%

Value estimate

· Nov 2026
$610k
$549k – $671k
AI approach$610k
NOI build-up
Gross scheduled income$229k
Vacancy & credit loss−$21k
Operating expenses−$62k
NOI · 2,241,107.69% cap applied$146k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,241,107.69%
$146k 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?
I HVY
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 agency21.0
Dental Office17.9
Nail Salon14.2

Location

1721 N Grand River Ave Lansing, MI 48906
County assessor Recorded deeds · not on file 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

18 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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