Light Industrial Flex
2305 N High Street Lansing, MI 48906
2305 N High Street, Lansing, MI, 48906
Contact for pricing
For Sale
Contact for pricing
For-sale flex/light industrial building with a flexible interior layout and ample on-site parking near major roadways.
Property Size4,416 SF
Price / SF$135.64
Days on Market14
Property Features for 2305 N High Street
General Information
- Standard status
- Active
- Size
- 4,416 SF
- Property subtype
- Industrial, Office, Special Purpose
Building Details
- Year Built
- 1951
Listing agency
The ReMax Collection
(517) 285-3017
Listed by
Tim Sabrosky · License #MI 6501389687
Source
Crexi
Added: Jul 8 Updated: Jul 21 at 3:30AM Checked: Jul 21 at 3:30AM
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 The ReMax Collection
Investment Insights
Based on property information with market context.
This for-sale flex/light industrial property is offered as a turnkey cultivation opportunity and features a flexible interior layout designed to support a range of business configurations. The building is positioned to take advantage of strong visibility, and it includes ample on-site parking for staff and clients.
Located at 2305 N High Street in Lansing, MI, the property provides easy access to major roadways. The current offering includes a building size of 4,416 square feet.
If you’re looking for a light industrial/flex facility with adaptable interior space and convenient parking, this Lansing property is worth a closer look.
Located at 2305 N High Street in Lansing, MI, the property provides easy access to major roadways. The current offering includes a building size of 4,416 square feet.
If you’re looking for a light industrial/flex facility with adaptable interior space and convenient parking, this Lansing property is worth a closer look.
Key Highlights
- 1951‑built flex/light industrial building with a flexible interior layout
- Versatile space designed to accommodate a variety of business configurations
- Ample on‑site parking for clients and staff
Local Financial Insights For Flex RnD
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 | $58.3k | $13.20 |
| − Vacancy | −$5.8k | −$1.32 |
| EGI | $52.5k | $11.88 |
| − OpEx | −$18.4k | −$4.16 |
| NOI | $34.1k | $7.72 |
4,416 SF · lease $13.20/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$487.1K
$426.3K – $568.3K
NOI $34,100 @ 7.0% cap · market cap 5.69%
Second Best
Industrial
$409.9K
$358.7K – $478.2K
NOI $28,693 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$909.0K
$795.4K – $1.06M
NOI $63,630 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Metro Construction Company
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Lansing catering LLC — 3212 N East St, Lansing, MI 48906
FAQs
What type of property is this?
Flex space - For-sale flex/light industrial building with a flexible interior layout and ample on-site parking near major roadways.
Where is this flex space located?
The property is located at 2305 N High Street Lansing, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1951‑built flex/light industrial building with a flexible interior layout; Versatile space designed to accommodate a variety of business configurations; Ample on‑site parking for clients and staff
