Financial
Distress signals
Property profile

516 Elmwood Rd Lansing, MI 48917

OFF-MARKET
Individual retail properties
Property ID
US43-1979951
5,440 SF 0.6 ac lot Built 1968
Last sale Nov 2020 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$239k
Effective rate5.30%

Value estimate

· Sep 2026
$230k
$207k – $253k

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?
NONE
JurisdictionEATON

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 agency13.3
Kitchen & Bath10.4
Convenience Store10.1

Location

516 Elmwood Rd Lansing, MI 48917-2618
County assessor Recorded deeds · 1 transfer 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
632 Dibble, Lansing, MI 48917-2830 $335,000 Mar 2025 5,192 SF
6101 Saginaw, Lansing, MI 48917-2466 $1,325,000 Jan 2022 3,458 SF
5020 Saginaw, Lansing, MI 48917-2625 $760,000 Aug 2021 4,036 SF
5601 Saginaw, Lansing, MI 48917-2456 $800,000 Mar 2021 7,500 SF
5507 Saginaw, Lansing, MI 48917-1920 $1,050,000 Feb 2020 3,322 SF
4244 Saginaw, Lansing, MI 48917-2110 $425,000 Jun 2019 3,012 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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