Mixed-Use Property with Loading
4114 S Cedar Street, Lansing, MI 48910
For Sale
New
Contact for pricing
Retail, office, warehouse, and storage areas are combined in one commercial building.
Property Size4,017 SF
Price / SF$99.58
Days on Market5
Property Features for 4114 S Cedar Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Mixed-Use Components
Additional Details
Dock-High Doors
Property Use
Amenities
two bathrooms
loading dock
loft storage
paved parking
exterior signage
Listing Agency:
CENTURY 21 Looking Glass
Listed By:
Brian Kasper · License #MI
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:40PM
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 CENTURY 21 Looking Glass
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 4114 S Cedar Street, this mixed-use commercial property contains approximately 4,017 SF with retail, office, warehouse, and storage areas. The building also includes two bathrooms, loft storage, and a metal roof.
A loading dock and 12-foot overhead door support goods handling. Paved parking and existing exterior signage are also part of the property.
A loading dock and 12-foot overhead door support goods handling. Paved parking and existing exterior signage are also part of the property.
Key Highlights
- Approximately 4,017 SF across retail, office, warehouse, and storage areas
- Loading dock with a 12‑foot overhead door
- Two bathrooms and additional loft storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,852
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,040
$717.0K
Cap Rate 7%
$512,171
$512.2K
Cap Rate 9%
$398,356
$398.4K
Market Conditions
NOI Build-Up for 4,017 SF
Gross rent
$67.5K $16.80/SF
− Vacancy
−$10.1K −$2.52/SF
EGI
$57.4K $14.28/SF
− OpEx
−$21.5K −$5.35/SF
NOI
$35.9K $8.92/SF
Area
Lansing, MI
Vacancy
15.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,040
Cap Rate 7%
$512,171
Cap Rate 9%
$398,356
Alternative Uses
Best Use
Mixed Use
$512.2K
$448.2K – $597.5K
NOI $35,852 @ 7.0% cap · market cap 8.96%
Second Best
Warehouse
$463.1K
$405.2K – $540.3K
NOI $32,415 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$826.9K
$723.5K – $964.7K
NOI $57,881 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
Explore this area
Business Placement
Demographics for 48910, MI
33,702
Population
17,119
Households
2
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
2,373
Density / Sq Mi
$52,154
Median Household Income
$36,643
Median Earnings
$1,003
Median Rent
$117,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail, office, warehouse, and storage areas are combined in one commercial building.
Where is this mixed-use property located?
The property is located at 4114 S Cedar Street Lansing, MI.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Approximately 4,017 SF across retail, office, warehouse, and storage areas; Loading dock with a 12‑foot overhead door; Two bathrooms and additional loft storage
