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Financial
Distress signals
Property profile

4700 Pleasant Grv Rd Lansing, MI 48910

OFF-MARKET
Grocery and convenience stores
Property ID
US43-4172313
1,305 SF 0.35 ac lot Built 1958
Last sale Nov 2011 · $18,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a mechanic garage featuring two service bays and associated office space, configured to support automotive-oriented businesses. It is situated on a busy corner at 4700 Pleasant Grove Rd in Lansing, Michigan, with corner placement that provides frontage and visibility for retail or service use. The building and site layout are consistent with potential uses such as auto repair and other automotive-related operations; alternative uses mentioned include a car lot or a car wash, subject to applicable approvals and intended business plan.

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?
$6k
Tax billed · 2020
Assessed value · 2023$63k
Assessed land$30k
Assessed improvement$33k
Effective rate8.90%

Value estimate

· Oct 2026
$235k
$212k – $259k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$38 – $82
Qualifying comparables4

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?
E-2 LOC
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 agency26.3
Law Firm23.8
Restaurant15.9

Location

4700 Pleasant Grv Rd Lansing, MI 48910-5037
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales 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
2109 Cedar, Lansing, MI 48910 $276,000 Apr 2024 2,100 SF
1623 Washington, Lansing, MI 48910-1532 $125,000 Mar 2024 1,326 SF
600 Cavanaugh, Lansing, MI 48910-5424 $80,000 May 2023 924 SF
1800 Pennsylvania, Lansing, MI 48910-1896 $633,750 Mar 2022 1,192 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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