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    4808 Empire Way Lansing, MI 48917

    For Sale
    $5,440,000

    50,000 SF industrial building leased to TFT Global.

    Property size:
    50,000 SF
    Lot size:
    4.24 Acres

    Property Features for 4808 Empire Way

    General Information

    Size
    50,000 SF
    Lot size
    4.24 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

    Industrial Investment Opportunity Near GM

    This 50,000 square foot industrial building presents an investment opportunity with a 7.35% cap rate. The building is situated on a 4.23-acre lot and includes 2,248 square feet of office space and 47,665 square feet of warehouse space. The property is currently leased long-term to TFT Global, Inc., which uses the facility as a sequencing center for door panels supplied to the nearby GM Delta Assembly plant, located approximately 3 miles away. The property is located at 4808 Empire Way, Lansing, MI.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wiebe Transport Trucking Company TFT Global Inc. Warehouse

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Skin Care Clinic Department Store Food Market

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

    Similar Places Nearby

    Storage Sense - Lansing

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6452513
    Latitude
    42.6855739

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    FAQs

    What type of property is this?
    Warehouse - 50,000 SF industrial building leased to TFT Global.
    Where is this warehouse located?
    The property is located at 4808 Empire Way Lansing, MI.
    What is the asking price?
    The asking price for this property is $5,440,000.
    What are key features of this property?
    This property features: - Long-term lease in place provides stable income.; - **7.35% capitalization rate represents a strong investment return.**; - **50,000 SF building offers substantial space.**
    (517) 242-7561
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    4808 Empire Way 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
    4808 Empire Way Lansing, MI 48917
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