Property profile

503 Waverly Rd 2 Lansing, MI 48917

OFF-MARKET
Auto shops
Property ID
US43-0926689
3,192 SF 1.07 ac lot Built 1985
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1985
Total area 3,192 SF
Lot 1.07 ac (46,740 SF)
Zoning code F COMME
APN 33-21-01-18-351-045
UPID US43-0926689

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Car Wash

Location

503 Waverly Rd, Unit 2 Lansing, MI 48917-3617
Lansing metro Census 3500 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2012
$161,300

Zoning & alternative use

F COMME · Lansing, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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