Holcim Rail Terminal with
1930 Turner Rd Lansing, MI 48906
1930 Turner Rd, Lansing, MI, 48906
Contact for pricing
For Sale
Contact for pricing
0.984 acre rail terminal with six silos for sale.
Property Size3,000 SF
Lot Size0.98 Acres
Price / SF$133
Days on Market2024
Property Features for 1930 Turner Rd
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.98 Acres
- Property subtype
- Industrial
Listing agency
P.A. Commercial Corporate & Investment Real Estate
(248) 663-0506
Listed by
John Arthurs · License #MI 6501222941
Source
Crexi
Added: Jan 4, 2021 Updated: Jul 10 at 3:42PM Checked: Jul 21 at 4:36AM
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 Corporate & Investment Real Estate
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.
Local Financial Insights For Warehouse
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 | $31.7k | $10.56 |
| − Vacancy | −$3.2k | −$1.07 |
| EGI | $28.5k | $9.49 |
| − OpEx | −$4.3k | −$1.42 |
| NOI | $24.2k | $8.07 |
3,000 SF · lease $10.56/SF/yr · vacancy 10.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$345.8K
$302.6K – $403.5K
NOI $24,208 @ 7.0% cap · market cap 6.07%
Second Best
Industrial
$278.5K
$243.7K – $324.9K
NOI $19,492 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$617.5K
$540.3K – $720.5K
NOI $43,227 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Truck terminals
Similar For Sale Nearby
FAQs
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 $399,000.
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.
