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    1325 E Jolly Rd Lansing, MI 48910

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    For Sale
    $1,250,000

    31,622 SF industrial building with marijuana grow license.

    Property size:
    31,622 SF
    Lot size:
    1.20 Acres

    Property Features for 1325 E Jolly Rd

    General Information

    Size
    31,622 SF
    Lot size
    1.20 Acres

    Source: Legacy Real Estate Advisors Agent Jaidyn Smith

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

    Overview

    Industrial Property with Grow License

    This 31,622 square foot industrial building is situated on a 1.2-acre lot. The property is zoned for light industrial use and includes licensing for marijuana cultivation and processing. The site is paved and secured with perimeter fencing. The building features a metal roof in excellent condition, five exterior docks, two drive-in doors, and two exterior levelers. A truck well is also present. A covered racking structure is located on-site. The location benefits from dense demographics, with over 66,000 residents within a 3-mile radius, and high traffic counts, with over 14,000 vehicles passing the site daily on E Jolly Rd.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.57113
    Latitude
    42.68274

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    FAQs

    What type of property is this?
    Manufacturing property - 31,622 SF industrial building with marijuana grow license.
    Where is this manufacturing property located?
    The property is located at 1325 E Jolly Rd Lansing, MI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Marijuana grow and processing licensing included.; - Light industrial zoning.; - 31,622 SF building on 1.2 acre lot.
    (248) 450-3257
    Request Owner's contact information
    1325 E Jolly Rd Lansing, MI 48910
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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
    1325 E Jolly Rd Lansing, MI 48910
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