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    Property profile & analytics

    3121 Grand Riv Ave Lansing, MI 48912-4779

    • Motels
    • 62,544 SF
    • 2.36 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 31, 2024
    Location Intelligence
    Property ID
    US43-1154509
    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

    • Standish / Restaurant
    • Quality Inn University / Hotel

    Property Details for 3121 Grand Riv Ave

    Year built
    1959
    Lot size
    2.36 lot acres
    Property size
    62,544 SF
    Zone code
    J PARKI
    Property type
    Motels
    APN
    33-01-01-11-476-031
    APU
    33010111476031

    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
    -84.5069
    Latitude
    42.7422
    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
    $83,653
    $243,500
    $1,155,500
    $1,399,000
    -
    $487,000
    $2,311,000
    $2,798,000

    Comparable in this City

    • Value Estimation by Request
      64,786 SF

      2710 Lk Lansing Rd

      MOTEL • 64,786 SF
      2710 Lk Lansing Rd, Lansing, MI 48912-3622
      View Details
    • Value Estimation by Request
      195,094 SF

      3150 Michigan Ave, Unit 19

      HOTEL • 195,094 SF
      3150 Michigan Ave, Lansing, MI 48912-4642
      View Details
    • Value Estimation by Request
      61,194 SF

      3320 Preyde Blvd

      HOTEL • 61,194 SF
      3320 Preyde Blvd, Lansing, MI 48912-5610
      View Details
    • Value Estimation by Request
      80,562 SF

      2401 Showtime Dr

      HOTEL • 80,562 SF
      2401 Showtime Dr, Lansing, MI 48912-5636
      View Details
    • Value Estimation by Request
      67,365 SF

      600 Michigan Ave, Unit 2

      HOTEL • 67,365 SF
      600 Michigan Ave, Lansing, MI 48912-1151
      View Details
    • Value Estimation by Request
      93,044 SF

      2201 Showtime Dr, Unit 3

      HOTEL • 93,044 SF
      2201 Showtime Dr, Lansing, MI 48912-5606
      View Details

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    Similar Nearby for Lease

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      6,900 SF retail space available for lease.
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      Office Building with Warehouse Space

      Office building with stand-alone warehouse on 1.61 acres.
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    • Contact for pricing
      4,000 SF

      Lansing Warehouse with Urban Flex Space

      4,965 sq ft warehouse zoned for urban business needs.
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    • $14 SF/Yr
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      Frandor Plus Executive Office Space

      Prime Ingham County Office Suite Available
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    Property Visit Statistics

    • Visits by month
      50.3k
    • Visitors by month
      34.6k
    • Avg Time on site
      8 min
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    Lansing, MI 48912-4779
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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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