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    Property profile & analytics

    2600 Waverly Rd Lansing, MI 48911-1346

    • Medical offices
    • 3,225 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    May 28, 2020
    $400,000
    Location Intelligence
    Property ID
    US43-2082903
    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

    • Business Union Financial / Business To Business Service
    • CIG Capital / Financial Institution
    • Funds Like Now / Finance Broker
    • Steve Conner Business Acceleration Systems / Business Development Service
    • The Janitorial Agency Services Corp. / Janitorial Service

    Property Details for 2600 Waverly Rd

    Year built
    1992
    Lot size
    0.87 lot acres
    Property size
    3,225 SF
    Zone code
    NONE
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    040 025 200 362 00
    APU
    4002520036200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $410,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $455,000
      Mixed-Use
      $430,000
      Hospitality
      $490,000
      Educational
      $455,000
      Residential Income
      $440,000
      Energy
      $480,000
      Income-Based Land
      $375,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6033
    Latitude
    42.707
    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
    $12,441
    $0.00
    $0.00
    $213,600
    -
    $0.00
    $0.00
    $427,200

    Comparable in this City

    • Value Estimation
      $745,000
      5,046 SF

      3937 Patient Care Dr, Unit 6

      MEDICAL BUILDING • 5,046 SF
      3937 Patient Care Dr, Lansing, MI 48911-4287
      View Details
    • Value Estimation by Request
      18,281 SF

      3955 Patient Care Dr, Unit 1

      MEDICAL BUILDING • 18,281 SF
      3955 Patient Care Dr, Lansing, MI 48911-4299
      View Details
    • Value Estimation
      $380,000
      5,415 SF

      3960 Patient Care Dr Ste, Unit 113

      MEDICAL BUILDING • 5,415 SF
      3960 Patient Care Dr Ste, Lansing, MI 48911-4279
      View Details
    • Value Estimation by Request
      5,714 SF

      5135 Pennsylvania Ave, Unit 65

      MEDICAL BUILDING • 5,714 SF
      5135 Pennsylvania Ave, Lansing, MI 48911-4002
      View Details
    • Value Estimation
      $320,000
      4,870 SF

      1107 Miller Rd, Unit 47

      MEDICAL BUILDING • 4,870 SF
      1107 Miller Rd, Lansing, MI 48911-5312
      View Details
    • Value Estimation
      $555,000
      6,758 SF

      4052 Legacy Pkwy

      MEDICAL BUILDING • 6,758 SF
      4052 Legacy Pkwy, Lansing, MI 48911-4285
      View Details

    Similar Nearby for Sale

    • $935,000
      8,450 SF

      Lansing Medical Office Investment

      8,450 SF, 8.5% Cap Rate, NNN Lease
      5400 Pennsylvania Ave, Lansing, MI 48911
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      Lansing Warehouse: $400K

      Industrial warehouse, office space, fenced storage.
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      Lansing Warehouse: $510,400

      Prime Lansing warehouse, ideal for commercial use.
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    • $2,000,000
      17,700 SF

      Lansing Retail Space: Prime Location

      17,700 SF Retail Building, High Traffic Area
      134 Edgewood Blvd, Lansing, MI 48911
      View Details
    • Contact for pricing
      20.00 Acres

      Sherwood Industrial Storage Yard

      Gated Yard, Building, 1.25 Acres
      0 Aurelius Rd. And Miller Rd, Lansing, MI 48911
      View Details
    • $500,000
      3,071 SF

      High-Traffic Commercial Property for Sale

      Commercial property with dual revenue streams at a high-traffic intersection.
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    Similar Nearby for Lease

    • $240,000
      6,097 SF

      Medical Office Suites Available

      Move-in ready medical suites in thriving medical park.
      3960 Patient Care Way, Lansing, MI 48911
      View Details
    • $11 SF/Yr
      1,956 SF

      Lansing Retail Office Suites Available

      Prime Southside location, flexible spaces.
      6810 Cedar St, Lansing, MI 48911
      View Details
    • $11 SF/Yr
      1,220 SF

      Lansing Retail Space: I-96 Access

      Prime Southside Retail, 1,220 SF Available
      6810 Cedar St, Lansing, MI 48911
      View Details
    • $9 SF/Yr
      18,000 SF

      Lansing Office Space: 1020 Long Blvd

      Prime Lansing Office, Flexible Suites Available
      1020 Long Blvd, Lansing, MI 48911
      View Details
    • Contact for pricing
      40,000 SF

      Lansing Office Building - 40,000 SF

      Spacious Lansing office building, ideal for various businesses.
      5840 Enterprise Dr. Lansing, MI 48911, Lansing, MI 48911
      View Details
    • $15 SF/Yr
      916 SF

      Versatile Office Space in Lansing

      Office suites available for lease near I-96 in Delhi Township.
      6133 Aurelius Rd, Lansing, MI 48911
      View Details
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    Lansing, MI 48911-1346
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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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