16120 Old U.s 27, Lansing, MI 48906
- Added:
- May 13, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 16120 Old U.s 27
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 19-050-470-000-049-18
- Size
- 800 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEG 41 RDS 12 1/2 FT S OF NE CORNER OF SEC 33 T5NR2W THEN W 12 RDS 6 FT N 70 FT E 12 RDS 6 FT S 70 FT TO BEG SUPERVISORS PLAT OF VALLEY FARMS NO 1
- Tax Annual Amount
- 719
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 1
- Building materials
- Vinyl Siding
Listing agent Rose Gedeon License #6501401379 (517) 803-7573
Listing office Home Towne Real Estate 15851 S U.S. 27 Bldg. 10, Suite 16, Lansing, MI (517) 372-2273
Listing date May 13, 2026
Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Large Lot provides ample space.
- Garage with office space and bath - ideal for a home business or hobbyist.
- Investment opportunity with potential for various uses.
- Public Water and Sewer connected.
- Natural Gas Heating for efficient warmth.
- Parking Lot available.
Overview
The property is located at 16120 Old U.S. 27 in Lansing, in Clinton County. It’s a single-site layout, providing room to operate without relying on shared spaces. Lot size is listed at 0.33 acres.
For buyers or tenants looking for a compact setup, this property fits well for light industrial work that still needs an office area on site. The combination of garage space plus an office and bath can support trades, service users, and other small operators who want an all-in-one workspace. The asking price is presented as an opportunity for buyers to shape the site into their specific operating vision.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.9k | $16.08 |
| − Vacancy | −$2.6k | −$3.22 |
| EGI | $10.3k | $12.86 |
| − OpEx | −$2.6k | −$3.22 |
| NOI | $7.7k | $9.65 |
Alternative Uses
Current Use by Public Records
Map
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.543099
- Latitude
- 42.782366
