Holcim Rail Terminal with
For Sale
$250,000
1930 Turner Rd, Lansing, MI 48906
0.984 acre rail terminal with six silos for sale.
Property Size3,000 SF
Lot Size0.98 Acres
Price / SF$83.33
Days on Market213
Property Features for 1930 Turner Rd
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.98 Acres
Property subtype
Industrial - Terminal/Transit
Building Details
Building Size
3,000 SF
Year Built
1999
Listing Agency:
P.A. Commercial
Listed By:
John T. Arthurs · License #6501222941
(248) 663-0506
Source:
Commercialcafe
Added: Mar 26
Changed: Oct 17
Last Checked: Oct 23 at 3:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of P.A. Commercial
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Investment Insights
Based on property information with market context.
The 0.984 acre Holcim Rail Terminal features six silos with a total capacity of approximately 7,000 short tons. The grain silo has a 750 short ton capacity, while two concrete silos each hold 3,000 short tons. Each silo is equipped with dust collectors. The terminal includes one rail loading spout, seven truck unloading points, four unloading blow-off pipes, and a scale. It is connected to the CSX Rail and has an easement to Benjamin Street. The entire terminal has been dormant for the last 10 years.
Key Highlights
- Connected to CSX Rail, providing direct rail access for efficient transportation.
- High‑capacity storage with six silos totaling approximately 7,000 short tons.**
- .984 Acre Holcim Rail Terminal with existing infrastructure.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,492
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,840
$389.8K
Cap Rate 7%
$278,457
$278.5K
Cap Rate 9%
$216,578
$216.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$30.6K $10.20/SF
− Vacancy
−$2.8K −$0.92/SF
EGI
$27.8K $9.28/SF
− OpEx
−$8.4K −$2.78/SF
NOI
$19.5K $6.50/SF
Area
Lansing, MI
Vacancy
9.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,840
Cap Rate 7%
$278,457
Cap Rate 9%
$216,578
Alternative Uses
Best Use
Warehouse
$345.8K
$302.6K – $403.5K
NOI $24,208 @ 7.0% cap · market cap 9.68%
Second Best
Industrial
$278.5K
$243.7K – $324.9K
NOI $19,492 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$617.5K
$540.3K – $720.5K
NOI $43,227 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
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Business Placement
Demographics for 48906, MI
25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Truck terminal - 0.984 acre rail terminal with six silos for sale.
Where is this truck terminal located?
The property is located at 1930 Turner Rd Lansing, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Connected to CSX Rail, providing direct rail access for efficient transportation.; High‑capacity storage with six silos totaling approximately 7,000 short tons.**; .984 Acre Holcim Rail Terminal with existing infrastructure.
