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Financial
Distress signals
Property profile

702 Lk Lansing Rd East Lansing, MI 48823

OFF-MARKET
Medical Office Space
Property ID
US43-1542006
18,252 SF 4.86 ac lot Built 1991
Last sale Apr 2013 · $1,730,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

702 W. Lake Lansing Road is a two-story brick office building located in an established medical and professional corridor in East Lansing, Michigan. The building is designed for office use and features elevator service, a fully sprinklered fire-suppression system, and an on-site backup generator. It includes grade-level parking and a layout on the first floor of approximately 9,126 square feet with numerous private offices and four large multipurpose rooms that can support professional or…

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 · 2019

What does the county charge?
$61k
Tax billed · 2019
Assessed value · 2023$858k
Assessed land$635k
Assessed improvement$222k
Effective rate7.07%

Value estimate

· Oct 2026
$685k
$617k – $754k
Submarket $/SF estimate$1.80M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$123/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$46 – $169

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?
B4
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.0
HVAC Service11.6
Building Supply10.9

Location

702 Lk Lansing Rd East Lansing, MI 48823-8526
County assessor Recorded deeds · 5 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

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3496 Lk Lansing, East Lansing, MI 48823-2288 $3,500,000 Jun 2022 13,156 SF
307 Lk Lansing, East Lansing, MI 48823-1437 $575,000 Feb 2022 5,816 SF
1226 Michigan, East Lansing, MI 48823-4022 $1,000,000 Jan 2020 4,556 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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