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    1340 S Waverly Rd Lansing, MI 48917

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    For Lease
    $9 SF/Yr ($11,647 /Mo)

    Adaptable retail, industrial, and warehouse space with heavy-duty features.

    Property size:
    14,335 SF
    Lot size:
    4.45 Acres

    Property Features for 1340 S Waverly Rd

    General Information

    Size
    14,335 SF
    Lot size
    4.45 Acres

    Source: Summit Realty Services LLC Agent Bill Jakovac

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

    Overview

    Versatile Industrial Space in Lansing

    This industrial property, located in the thriving industrial hub of West Lansing, is available for lease. It is designed to accommodate a range of operational needs, integrating retail, industrial, and warehouse functionalities. This allows businesses to combine customer-facing storefronts with manufacturing or storage operations. The property features six offices and two bathrooms. Heavy-duty cranes, ranging from 5 to 20 tons, and a robust electrical infrastructure with 480V, 3-Phase, 1,200 Amps, enhance the site's capacity for large-scale operations. The property has a 22-foot clear ceiling height and a 16x16 roll-up door for equipment and vehicle access. Shared dock access streamlines logistics. There are over 20 parking spaces available. The property offers flexible spaces suitable for retail, industrial, and warehouse operations. The entrance to the offices is conveniently located on Waverly Road. The property's strategic location provides easy access to major highways. The property contains 14,335 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Enterprise Labor Services Association / Organization Enterprise Logistics + Solutions Storage Facility DISH Satellite Communication Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Enterprise Logistics + Solutions, Self-Storage at U-Haul, Self-Storage at U-Haul, U-Stor-It, II Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6036352
    Latitude
    42.7177996

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    FAQs

    What type of property is this?
    Warehouse - Adaptable retail, industrial, and warehouse space with heavy-duty features.
    Where is this warehouse located?
    The property is located at 1340 S Waverly Rd Lansing, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Heavy electric capacity: 480V, 3-Phase, 1,200 Amps; - Three cranes ranging from 5 to 20 tons; - Flexible spaces suitable for retail, industrial, and warehouse operations
    (517) 285-1097
    Request Owner's contact information
    1340 S Waverly Rd Lansing, MI 48917
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    Lansing, MI 48917
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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
    1340 S Waverly Rd Lansing, MI 48917
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