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    Property profile & analytics

    2290 Canal Rd Lansing, MI 48917-8592

    • Distribution centers
    • 147,234 SF
    • 17.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 13, 2023
    $24,785,202
    Location Intelligence
    Property ID
    US43-2285904
    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

    • FedEx Ground / Trucking Company
    • Fedex / Warehouse

    Property Details for 2290 Canal Rd

    Year built
    2013
    Lot size
    17.13 lot acres
    Property size
    147,234 SF
    Zone code
    NONE
    Property type
    Distribution centers
    APN
    040 028 200 054 00
    APU
    4002820005400

    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
    Eaton
    State
    Michigan
    Longitude
    -84.6644
    Latitude
    42.7093
    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
    2023
    $193,030
    $0.00
    $0.00
    $4,062,200
    -
    $0.00
    $0.00
    $8,124,400

    Comparable in this City

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    • Value Estimation by Request
      824,570 SF

      3405 Creyts Rd

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      516,239 SF

      3301 Creyts Rd

      DISTRIBUTION WAREHOUSE • 516,239 SF
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      10,970 SF

      7832 Rickle St

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      628,651 SF

      7100 Millett Hwy

      DISTRIBUTION WAREHOUSE • 628,651 SF
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    • Value Estimation by Request
      2,276,796 SF

      4400 Mt Hope Hwy

      DISTRIBUTION WAREHOUSE • 2,276,796 SF
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    Similar Nearby for Lease

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      30,000 SF

      Lansing Industrial Warehouse - 30,000 SF

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    2290 Canal Rd
    Lansing, MI 48917-8592
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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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