Realmo Analytics

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Financial
Distress signals
Property profile

3280 S Waverly Rd Lansing, MI 48911

FOR LEASE
Strip malls
Property ID
US43-0615663
7,250 SF 0.87 ac lot Built 2003
Last sale Jun 2026 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$161k
Effective rate5.82%

Value estimate

· Oct 2026
$200k
$180k – $220k
NOI build-up
Gross scheduled income$128k
Vacancy & credit loss−$18k
Operating expenses−$33k
NOI · 703,181.82% cap applied$77k

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?
703,181.82%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NONE
JurisdictionEATON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.4
Law Firm23.1
Spa & Massage18.0

Location

3280 S Waverly Rd Lansing, MI 48911
County assessor Recorded deeds · 4 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
815 Edgewood Blvd Ste, Lansing, MI 48911-7515 $900,000 Feb 2026 16,900 SF
5525 Cedar St, Lansing, MI 48911-3860 $600,000 Feb 2025 12,600 SF
7045 Cedar, Lansing, MI 48911-6960 $600,000 Feb 2023 6,460 SF
2695 Eaton Rpds, Lansing, MI 48911-6310 $165,000 Sep 2020 9,289 SF
3705 Jolly, Lansing, MI 48911-3337 $220,000 Jun 2020 9,432 SF
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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