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    East Lansing, MI Dewitt, MI Holt, MI Dimondale, MI Okemos, MI Bath, MI Grand Ledge, MI Haslett, MI
    Upgraded Industrial Warehouse with Expansion Lot
    Updated: Sep 25, 2025
    Upgraded Industrial Warehouse with Expansion Lot

    720 Terminal Road, Lansing, MI 48906

    $525,000
    6,048 sqft
    Previously conditionally approved for licensed marijuana cultivation, processing, and microbusiness operations by the City of Lansing.
    Move‑in ready for cannabis cultivation or adaptable for other light industrial uses, featuring state‑of‑the‑art infrastructure and extensive upgrades from 2017‑2022.
    Includes an adjacent 0.61‑acre lot, providing a total of 0.922 acres for expansion, additional parking, storage, or new development.
    Equipped with a top‑tier security system ($52,000+) featuring 38 HD cameras, AI tracking, burglar alarms, and remote monitoring.
    High power capacity with 1,400 total amps, 240V/120V and 480V/277V, single- and three‑phase panels, and two transformers.
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    This listing looks promising.

    Here's a quick look at some key insights for

    720 Terminal Road, Lansing, MI 48906,

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Mortgage

      $1.08M
      Recorded

    • Last Sold

      Jan 2021
      $118K

    • Property Type

      Warehouse, Storage
      Built 1972
    View Property Analytics
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Functional Greenhouse on Five Acres
    Functional Greenhouse on Five Acres

    2755 S Hollister Rd, Ovid, MI 48866

    $118,000
    7,820 sqft 5.00 AC lot

    Five-acre agricultural parcel with greenhouse infrastructure near Ovid, Michigan.

    View details
    Horse and Cattle Farm
    Horse and Cattle Farm

    Battle Creek, MI 49014

    $599,999
    29.75 AC lot

    Farm with horse barn, workshop, and fenced acreage.

    View details
    Agricultural Land with Greenhouse Infrastructure
    Agricultural Land with Greenhouse Infrastructure

    2755 S Hollister Road, Ovid, MI 48866

    $118,000
    5.00 AC lot

    Five-acre farmland parcel in Ovid Township with an operational gutter-connected greenhouse, hoop house cold storage, and utilities onsite.

    View details
    Light Industrial Warehouse For Sale
    Light Industrial Warehouse For Sale

    Battle Creek, MI 49037

    $299,999
    4.41 AC lot

    Freestanding, newly constructed warehouse suitable for cannabis or industrial use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Large Acreage with Manmade Lake
    Large Acreage with Manmade Lake

    E Howe Road, Dewitt, MI 48820

    $2,212,000
    158.00 AC lot

    158 acres featuring a 32-acre manmade lake near Lansing.

    View details
    97.54 Acres Vacant Land
    97.54 Acres Vacant Land

    Vl Windsor Highway, Dimondale, MI 48821

    $682,780
    97.54 AC lot

    Versatile land in Dimondale for recreation, farming, or development.

    View details
    68 Acres Tillable Land For Sale
    68 Acres Tillable Land For Sale

    Saint Johns, MI 48879

    $499,000
    68.30 AC lot

    68 acres of tillable land suitable for multiple uses.

    View details
    Albion Land Near Duck Lake
    Albion Land Near Duck Lake

    V/L 26 1/2 Mile Road, Albion, MI 49224

    $122,000
    15.66 AC lot

    15.66 acre parcel near Duck Lake and Country Club.

    View details

    Off-Market Properties in Lansing, MI

    Consider similar Off-Market properties in Lansing, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Grove Rd Lansing
    Farms

    Grove Rd Lansing, Lansing, MI 48906

    Value Estimation by Request
    View details
    Grove Rd
    Farms

    0 Grove Rd, Lansing, MI 48906

    Value Estimation by Request
    19.52 AC lot
    View details
    Grove Rd
    Farms

    0 Grove Rd, Lansing, MI 48906

    Value Estimation by Request
    30.00 AC lot
    View details

    Lansing, MI Farms Market Trends and Statistics

    Explore 4 farms for sale in Lansing, MI on our real estate platform. These investment opportunities span a total of 6,048 square feet of properties for sale, with an estimated market value of $525,000.

    Sale prices for plantations in Lansing, MI start at $525,000, averaging $525,000, and reaching up to $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Cannabis Properties 4

    Demographics Overview

    Population 161K
    Population Growth (5Y) +3.3%
    Median Household Income $58,292
    College Educated 13.8%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48906 $525K

    Taxes & Financing

    Tax Rate (average for all types) 5.48%
    Property Tax per SF $86.80 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lansing fall within the 100,000+ square foot range.

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