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    914-1001 Terminal Rd Lansing, MI 48906

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    For Sale
    $6,165,000

    Two-building office and warehouse portfolio fully leased to the State.

    Property size:
    40,654 SF
    Lot size:
    2.30 Acres

    Property Features for 914-1001 Terminal Rd

    General Information

    Size
    40,654 SF
    Lot size
    2.30 Acres

    Source: Martin Commercial Properties Agent Christopher T. Miller, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office and Warehouse Portfolio

    This two-building office and warehouse portfolio, totaling 40,654 square feet, is fully leased to the State of Michigan. The State has been a tenant at this location for nearly two decades. The property is located in Lansing, MI.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mac's Storage Containers, Indoor Motorhome Storage, Storage Rentals of America

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.565206
    Latitude
    42.766083

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    FAQs

    What type of property is this?
    Warehouse - Two-building office and warehouse portfolio fully leased to the State.
    Where is this warehouse located?
    The property is located at 914-1001 Terminal Rd Lansing, MI.
    What is the asking price?
    The asking price for this property is $6,165,000.
    What are key features of this property?
    This property features: - Fully leased to the State of Michigan; - Tenant has occupied the site for nearly two decades; - Office and warehouse portfolio
    (517) 242-7561
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    914-1001 Terminal Rd Lansing, MI 48906
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