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Financial
Distress signals
Property profile

3151 Coleman Rd East Lansing, MI 48823

FOR SALE
Commercial land
Property ID
US43-2284365
19.7 ac lot
Last sale Mar 2012 · $62,409
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3.95-acre commercial land parcel, identified as Parcels A & B, presents a remarkable investment opportunity in East Lansing, Michigan. Strategically located at 3151 East Coleman Road, 48823, near the intersection of Coolidge and Coleman Roads, this property enjoys a prime position in Ingham County. The site is ideally situated for a variety of commercial and mixed-use developments, benefiting from its proximity to the planned Coleman Road extension, providing convenient…

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 · 2018

What does the county charge?
$4k
Tax billed · 2018
Assessed value · 2024$692k
Assessed land$692k
Effective rate0.64%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k

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?
A
JurisdictionCLINTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.6
Auto Repair Shop13.1
HVAC Service11.7

Location

3151 Coleman Rd East Lansing, MI 48823
County assessor Recorded deeds · 2 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
E, Lansing, MI 48823 $400,000 Dec 2024 No data
218 Lk Lansing, East Lansing, MI 48823-1436 $460,000 Dec 2024 1,790 SF
Chandler Rd Vacant, East Lansing, MI 48823 $410,000 Nov 2024 No data
E, Lansing, MI 48823 $1,220,200 Dec 2023 No data
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 nearby
6 properties of the same type nearby
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