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Financial
Distress signals
Property profile

4700 Grand Riv Ave Lansing, MI 48906

OFF-MARKET
Other warehouses
Property ID
US43-1318070
13,822 SF 2.58 ac lot Built 1967
Last sale Jan 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 4700 N Grand River Avenue in Lansing, Michigan is a freestanding industrial asset in an established infill location. It includes a 13,822-square-foot industrial building constructed in 1967 on approximately 3.13 acres across two parcels. The site provides flexibility for land coverage and potential uses such as outside storage, expansion, or future redevelopment. Zoning is IND-1, which allows a range of industrial and service uses. The property is positioned along North Grand…

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?
$23k
Tax billed · 2020
Assessed value · 2023$581k
Assessed land$245k
Assessed improvement$336k
Effective rate3.99%

Value estimate

· Oct 2026
$470k
$423k – $517k
Submarket $/SF estimate$1.13M

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

What can be built here?
MIXED Z
JurisdictionINGHAM

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 agency15.8
Law Firm13.3
Hair Salon12.2

Location

4700 Grand Riv Ave Lansing, MI 48906-2536
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4616 Grand Riv, Lansing, MI 48906-2576 $70,000 May 2024 11,236 SF
4416 Grand Riv, Lansing, MI 48906-2613 $590,000 Mar 2024 9,920 SF
815 Terminal, Lansing, MI 48906-3062 $544,522 Jun 2023 11,577 SF
4600 Grand Riv Ave Ste, Lansing, MI 48906-2572 $1,300,000 Feb 2023 15,906 SF
2338 Grand Riv, Lansing, MI 48906-3912 $400,000 May 2022 8,484 SF
3110 Turner, Lansing, MI 48906-3163 $235,000 Feb 2022 19,483 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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