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Financial
Distress signals
Property profile

217 Capitol Ave Lansing, MI 48933

OFF-MARKET
Other specialty properties
Property ID
US43-1754842
109,826 SF 0.38 ac lot Built 1924
Last sale Sep 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office building was constructed in 1924 and consists of seven stories with a partially finished lower level. It retains historic interior components, including a lobby and an auditorium, which contribute to its layout and character for office and professional use. The property is located at 217 S Capitol Ave in Lansing’s central business district, one block from the State Capitol, placing it within the city’s established civic and business area.

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?
$172k
Tax billed · 2022
Assessed value · 2023$2.05M
Assessed land$82k
Assessed improvement$1.97M
Effective rate8.41%

Value estimate

· Oct 2026
$2.44M
$2.19M – $2.68M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
G-1 BUS
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 Office11.5
Nail Salon10.9
Laundry Service10.6

Location

217 Capitol Ave Lansing, MI 48933-1503
County assessor Recorded deeds · 3 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

1 recorded sale · 17 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
220 Museum, Lansing, MI 48933-1905 $195,000 Oct 2022 2,704 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 in this city
6 properties of the same type in this city
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