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    5643 Enterprise Dr Lansing, MI 48911

    Sponsored
    For Lease
    $8 SF/Yr

    Midway Park, 15,480 SF Available

    Lot size:
    80,256 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,480-square-foot industrial warehouse space is located within the 80,256-square-foot Pratt & Whitney Building in Lansing's Midway Industrial Park. Situated at 5643 Enterprise Drive, Lansing, MI 48911, this move-in ready suite offers a blend of warehouse and office space, ideal for various industrial uses. The suite comprises 12,155 square feet of warehouse area and 3,325 square feet of carpeted office space, equipped with three dock-high doors and one grade-level door. The entire space is climate-controlled, ensuring year-round comfort. Security features include a perimeter fence and gated entry, providing peace of mind. The property's strategic location in South Lansing offers easy access to I-96, enhancing logistics and transportation. The Midway Industrial Park boasts a strong tenant base, including notable companies like Two Men and A Truck, APCO, Lectronix, and Neogen. The property is zoned for industrial use and is part of a multi-tenant building. The minimum divisible space is 15,480 square feet, making it suitable for businesses requiring significant space. Ingham County location provides access to a robust infrastructure and workforce. This is a rare opportunity to secure high-quality industrial space in a prime location.

    Property Features for 5643 Enterprise Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,256 SF
    Total Rate
    58520

    Unit(s) available at that property

    Space
    Suite B
    Size
    15,480 SF
    Rate per SF
    $8
    Property Profile Location Intelligence

    Current Use by Public Records

    Pratt & Whitney AutoAir ... Aerospace Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5267443
    Latitude
    42.6753931

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    FAQs

    What type of property is this?
    Distribution property - Midway Park, 15,480 SF Available
    Where is this distribution property located?
    The property is located at 5643 Enterprise Dr Lansing, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
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    5643 Enterprise Dr Lansing, MI 48911
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5643 Enterprise Dr Lansing, MI 48911
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