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Financial
Distress signals
Property profile

551 Sheridan Rd Lansing, MI 48906

OFF-MARKET
Parking lots & garages
Property ID
US43-3866006
0.07 ac lot Built 1935
Last sale Oct 2020
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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.

Debts

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 · 2022

What does the county charge?
$140
Tax billed · 2022
Assessed value · 2024$5k
Assessed land$2k
Assessed improvement$3k
Effective rate2.86%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$235k

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?
R5
JurisdictionCLINTON

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 agency15.4
Dental Office13.7
Nail Salon10.6

Location

551 Sheridan Rd Lansing, MI 48906-2339
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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
720 Larch, Lansing, MI 48906-5224 $375,000 Jul 2025 1,380 SF
226 Cesar E Chavez, Lansing, MI 48906-4809 $80,000 Apr 2025 1,759 SF
4917 Grand Riv, Lansing, MI 48906-2541 $127,000 Jan 2025 1,736 SF
2235 Spikes, Lansing, MI 48906-3930 $349,900 Jun 2023 2,304 SF
1632 Grand Riv, Lansing, MI 48906-3935 $140,000 Mar 2023 2,101 SF
405 Maple, Lansing, MI 48906-5237 $364,723 Mar 2023 1,104 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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