Financial
Distress signals
Property profile

5505 Pennsylvania Ave Lansing, MI 48911

OFF-MARKET
Distribution centers
Property ID
US43-0696913
17,014 SF 1.07 ac lot Built 1968
Last sale Nov 2021 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This 17,014-square-foot vacant warehouse in Lansing, Michigan, presents a compelling investment or owner-user opportunity. Located at 5505 S Pennsylvania Ave, this freestanding light industrial/retail building boasts excellent visibility and pylon signage potential. Built in 1968 on a 1.07-acre lot, the property features a 15-foot ceiling height, one 10-foot overhead garage door, and ample parking (27 paved spots). The building is equipped with 3-phase, 240-volt, 400-amp power, suspended air

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?
$21k
Tax billed · 2020
Assessed value · 2023$438k
Assessed land$93k
Assessed improvement$345k
Effective rate4.77%

Value estimate

· Sep 2026
$995k
$896k – $1.09M
AI approach$1.01M
Submarket $/SF estimate$842k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
Submarket average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$31 – $99

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?
H LT IN
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 agency24.1
Law Firm16.9
Parking Facility12.2

Location

5505 Pennsylvania Ave Lansing, MI 48911-4013
County assessor Recorded deeds · 3 transfers 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1130 Ramada, Lansing, MI 48911-5722 $858,953 Apr 2024 8,000 SF
5635 Commerce, Lansing, MI 48911-5347 $2,630,884 Apr 2023 39,236 SF
5411 Enterprise, Lansing, MI 48911-4102 $1,220,000 Apr 2020 22,068 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5505 Pennsylvania Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message