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    Property profile & analytics

    5212 Waverly Rd Lansing, MI 48911-3301

    • Commercial real estate
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $75,000
    Last Sale
    Apr 04, 2025
    $65,000
    Location Intelligence
    Property ID
    US43-2051394
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Car Wash / Car Wash
    • Detail City / Self Service Car Wash

    Property Details for 5212 Waverly Rd

    Year built
    1972
    Lot size
    0.64 lot acres
    Zone code
    A-1 RES
    Property type
    Commercial real estate
    APN
    23 50 80 01 226 092
    APU
    23508001226092

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6035
    Latitude
    42.6812
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,847
    $0.00
    $0.00
    $61,400
    -
    $0.00
    $0.00
    $122,800

    Comparable in this City

    • Value Estimation by Request
      16.50 Acres

      Waverly Rd

      COMMERCIAL (GENERAL) • 16.50 Acres
      Waverly Rd, Lansing, MI 48911
      View Details
    • Value Estimation by Request
      1.61 Acres

      Lansing, MI 48911

      COMMERCIAL (GENERAL) • 1.61 Acres
      Lansing, MI 48911
      View Details
    • Value Estimation by Request
      140,841 SF

      4001 Hartford Rd

      COMMERCIAL (GENERAL) • 140,841 SF
      4001 Hartford Rd, Lansing, MI 48911-3238
      View Details
    • Value Estimation by Request
      126,015 SF

      4020 Hartford Rd

      COMMERCIAL (GENERAL) • 126,015 SF
      4020 Hartford Rd, Lansing, MI 48911-3237
      View Details
    • Value Estimation by Request
      13,166 SF

      5058 Waverly Rd

      COMMERCIAL (GENERAL) • 13,166 SF
      5058 Waverly Rd, Lansing, MI 48911-2718
      View Details
    • Value Estimation by Request
      12,600 SF

      5525 Cedar St

      Retail properties • 12,600 SF
      5525 Cedar St, Lansing, MI 48911
      View Details

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    Similar Nearby for Lease

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      Retail Space Available For Lease

      Retail space available for lease in Lansing, Michigan.
      6445 South Cedar St, Lansing, MI 48911
      View Details
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    5212 Waverly Rd
    Lansing, MI 48911-3301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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