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Financial
Distress signals
Property profile

4600 N Grand River Ave Lansing, MI 48906

FOR SALE
Other warehouses
Property ID
US43-2196706
8,040 SF 0.39 ac lot Built 1996
Last sale Feb 2023 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an 8,040 SF cannabis cultivation facility with purpose-built production infrastructure and associated real estate. The cultivation area is configured with epoxy flooring and includes insulated cooler doors, distributed HVAC, and dehumidification systems. The facility is served by a Rhythm batch tank fertigation system, with underground plumbing completed and new electrical service installed. Approximately 1,500 SF within the building is designated for future cannabis processing…

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 · 2020

What does the county charge?
$3k
Tax billed · 2020
Assessed value · 2024$67k
Assessed land$20k
Assessed improvement$46k
Effective rate4.12%

Value estimate

· Oct 2026
$135k
$122k – $149k
AI approach$115k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$56/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$31 – $82

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLINTON

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 agency21.2
Law Firm14.8
Auto Repair Shop14.4

Location

4600 N Grand River Ave Lansing, MI 48906
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
412 Gier, Lansing, MI 48906-2945 $150,000 Jan 2026 8,000 SF
4416 Grand Riv, Lansing, MI 48906-2613 $590,000 Mar 2024 9,920 SF
3337 Remy, Lansing, MI 48906-2728 $495,000 Jun 2022 7,200 SF
1125 Mak Tech, Lansing, MI 48906-5608 $617,241 Jun 2022 6,900 SF
2338 Grand Riv, Lansing, MI 48906-3912 $400,000 May 2022 8,484 SF
1300 Larch, Lansing, MI 48906-4422 $125,000 Apr 2022 6,222 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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