Stand-Alone Industrial
For Sale
Contact for pricing
2075 GLENN ST, Lansing, MI 48906
IL-zoned facility offering immediate occupancy for contractor and service operations.
Property Size1,600 SF
Price / SF$89.06
Days on Market57
Property Features for 2075 GLENN ST
General Information
Standard status
Active
Size
1,600 SF
Total Parking Spaces
10
Property subtype
Industrial
Zoning
IL
Investment Type
Owner/User
Building Details
Year Built
1988
Buildings
1
Stories
1
Units
1
Listing Agency:
Gil Henry & Associates Inc
Listed By:
Gilbert Henry · License #MI 6502135057
(517) 403-0273
Source:
Crexi
Added: Aug 11
Changed: Sep 24
Last Checked: Oct 5 at 7:28PM
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 Gil Henry & Associates Inc
Investment Insights
Based on property information with market context.
This stand-alone industrial building is configured for contractor and service-industry use, with immediate occupancy available. The property carries IL zoning and was constructed in 1988.
Located on Glenn Street in Lansing, Michigan, the building provides a focused industrial setting for an owner-user or operating business seeking an immediately available facility.
Located on Glenn Street in Lansing, Michigan, the building provides a focused industrial setting for an owner-user or operating business seeking an immediately available facility.
Key Highlights
- Stand‑alone industrial building
- IL zoning
- Immediate occupancy available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,396
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$207,920
$207.9K
Cap Rate 7%
$148,514
$148.5K
Cap Rate 9%
$115,511
$115.5K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$16.3K $10.20/SF
− Vacancy
−$1.5K −$0.92/SF
EGI
$14.9K $9.28/SF
− OpEx
−$4.5K −$2.78/SF
NOI
$10.4K $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%
$207,920
Cap Rate 7%
$148,514
Cap Rate 9%
$115,511
Alternative Uses
Best Use
Industrial
$148.5K
$130.0K – $173.3K
NOI $10,396 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$329.3K
$288.2K – $384.2K
NOI $23,054 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - IL-zoned facility offering immediate occupancy for contractor and service operations.
Where is this industrial property located?
The property is located at 2075 GLENN ST Lansing, MI.
What is the asking price?
The asking price for this property is $142,500.
What are key features of this property?
This property features: Stand‑alone industrial building; IL zoning; Immediate occupancy available
