Financial
Distress signals
Property profile

5101 North Grand River Ave Lansing, MI 48906

FOR SALE
Banks
Property ID
US43-1201517
2,193 SF 0.87 ac lot Built 1977
Individually Owned Owner of record is an individual. 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

Freestanding commercial building totaling 1,380 square feet, formerly used as a retail banking facility, situated on a 0.87-acre site on N Grand River in Lansing. The property includes two drive-thru lanes and an additional ATM lane and is located within a commercial corridor with convenient access to I-96, several blocks from Capital Region International Airport, and a short distance from downtown Lansing. It is zoned MX-C – Mixed Use Urban Corridor, which supports uses such as financial…

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.

Mortgages

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?
$10k
Tax billed · 2020
Assessed value · 2023$197k
Assessed land$57k
Assessed improvement$140k
Effective rate5.09%

Value estimate

· Sep 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
J & F
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 agency14.9
Law Firm12.5
Hair Salon11.7

Location

5101 North Grand River Ave Lansing, MI 48906
County assessor Recorded deeds · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15431 Us Hwy 27, Lansing, MI 48906-5906 $165,000 Dec 2025 1,984 SF
15820 Us Hwy 27, Lansing, MI 48906-6413 $200,000 Feb 2025 2,701 SF
4613 Grand Riv, Lansing, MI 48906-2535 $60,000 Jun 2024 3,000 SF
4913 Grand Riv, Lansing, MI 48906-2541 $75,000 May 2023 1,592 SF
426 Maple, Lansing, MI 48906 $132,500 Apr 2023 3,043 SF
3002 Turner, Lansing, MI 48906-3121 $140,000 Dec 2021 2,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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