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Financial
Distress signals
Property profile

2006 Willow St 44 Lansing, MI 48917

OFF-MARKET
Warehouses
Property ID
US43-1180425
960 SF 1.29 ac lot Built 1953
Last sale Apr 2004 · $212,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional opportunity presents a fully furnished, 6,950 square foot restaurant located at 2006 W. Willow St, Lansing, MI 48917. The property, formerly DeLuca's, boasts a rich history as a destination dining spot since 1960. The sale includes a Class C Liquor License, adding significant value to this turnkey operation. The building features multiple dining rooms, a bar area, and several walk-in coolers and freezers, all included in the asking price of $599,900 ($86.32/sq ft). A…

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 · 2022

What does the county charge?
$20k
Tax billed · 2022
Assessed value · 2023$395k
Assessed land$112k
Assessed improvement$283k
Effective rate4.97%

Value estimate

· Oct 2026
$315k
$284k – $347k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
Submarket average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$31 – $99

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?
H LT IN
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 agency48.0
Restaurant40.5
Building Supply31.4

Location

2006 Willow St, Unit 44 Lansing, MI 48917-1814
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7807 Lanac, Lansing, MI 48917-9575 $425,000 Feb 2025 4,606 SF
342 Clare, Lansing, MI 48917-3811 $115,000 Sep 2024 1,792 SF
Snow, Lansing, MI 48917 $270,000 Oct 2022 2,500 SF
1336 Sunset, Lansing, MI 48917-1806 $3,500,000 Jun 2022 1,440 SF
5521 Mt Hope, Lansing, MI 48917-9559 $150,000 Aug 2021 1,538 SF
600 Business Ctr, Lansing, MI 48917-3798 $300,000 Aug 2021 690 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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