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    Property profile & analytics

    229 Pne St Lansing, MI 48933-8008

    • Office buildings
    • 2,242 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Last Sale
    Mar 10, 2025
    Location Intelligence
    Property ID
    US43-1826231
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Windshield Repair Today of Lansing / Auto Repair Shop

    Property Details for 229 Pne St

    Year built
    1890
    Lot size
    0.13 lot acres
    Property size
    2,242 SF
    Zone code
    D-1 PRO
    Property type
    Office buildings
    APN
    33-01-01-16-156-402
    APU
    33010116156402

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5603
    Latitude
    42.7355
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $5,852
    $27,500
    $83,900
    $111,400
    -
    $55,000
    $167,800
    $222,800

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
      157,548 SF

      120 Washington Sq

      OFFICE BUILDING • 157,548 SF
      120 Washington Sq, Lansing, MI 48933-1617
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    • Value Estimation by Request
      90,720 SF

      110 Michigan Ave, Unit 9

      OFFICE BUILDING • 90,720 SF
      110 Michigan Ave, Lansing, MI 48933-1611
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    • Value Estimation by Request
      225,000 SF

      100 Capitol Ave

      OFFICE BUILDING • 225,000 SF
      100 Capitol Ave, Lansing, MI 48933-1363
      View Details
    • Value Estimation by Request
      13,072 SF

      505 Capitol Ave

      OFFICE BUILDING • 13,072 SF
      505 Capitol Ave, Lansing, MI 48933-1209
      View Details
    • Value Estimation by Request
      17,364 SF

      214 Shiawassee St

      OFFICE BUILDING • 17,364 SF
      214 Shiawassee St, Lansing, MI 48933
      View Details

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    Lansing, MI 48933-8008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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