Property profile

5303 Ivan Dr Lansing, MI 48917

OFF-MARKET
Assisted living facilities
Property ID
US43-2469568
80,802 SF 10.43 ac lot Built 1990
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1990
Total area 80,802 SF
Lot 10.43 ac (454,331 SF)
Zoning code NONE
APN 040 014 200 500 00
UPID US43-2469568

Cap rate & NOI

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

Location

5303 Ivan Dr Lansing, MI 48917-3372
Lansing metro Census 20102 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.72M

Owner & transaction history

since 2021
Last sale
$5.8M
2 recorded transactions
2021
$5.8M
2015
$3.7M

Zoning & alternative use

NONE · 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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