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Financial
Distress signals
Property profile

3315 Michigan Ave Lansing, MI 48912

OFF-MARKET
Office buildings
Property ID
US43-1154511
24,391 SF 1.3 ac lot Built 1984
Last sale Nov 2021 · $965,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional executive office suite, totaling 5,281 square feet, is located within the popular Frandor Plus shopping center, a 120,000 square foot retail and office complex in Ingham County. The space is immediately available for lease and represents a significant opportunity for businesses seeking a high-visibility location. The property boasts a highly desirable in-line space configuration within a multi-tenant building, offering excellent accessibility and ample parking. With over 500…

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 · 2020

What does the county charge?
$37k
Tax billed · 2020
Assessed value · 2023$894k
Assessed land$196k
Assessed improvement$698k
Effective rate4.09%

Value estimate

· Oct 2026
$960k
$864k – $1.06M
AI approach$1.21M
Submarket $/SF estimate$1.60M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
Submarket average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$46 – $130

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?
F COMM
JurisdictionINGHAM

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 Supply26.1
Wholesale Shop23.3
Realty agency22.5

Location

3315 Michigan Ave Lansing, MI 48912-4600
County assessor Recorded deeds · 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
416 Cedar, Lansing, MI 48912-1202 $1,100,000 Jul 2025 15,463 SF
1701 Lk Lansing, Lansing, MI 48912-3798 $1,750,000 Sep 2023 11,944 SF
1438 Michigan, Lansing, MI 48912-2247 $485,000 Sep 2023 5,828 SF
920 Fairview, Lansing, MI 48912-3238 $650,000 Aug 2021 18,272 SF
2213 Grand Riv, Lansing, MI 48912-3200 $900,000 Dec 2020 6,304 SF
203 Clippert, Lansing, MI 48912-4601 $850,000 Aug 2019 3,600 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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