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    300 Hosmer St Lansing, MI 48912

    Sponsored
    For Sale
    $265,000

    Spacious Lansing warehouse, ideal for various uses.

    Property size:
    4,752 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This vacant, single-story warehouse at 300 S Hosmer St, Lansing, MI 48912, offers 4,752 square feet of net rentable space, perfect for a contractor, small shop, or other light industrial business. Built in 1954, the property sits on a 0.12-acre lot and features two drive-in overhead doors (10' x 9'), each providing convenient access. The building boasts a 12-foot ceiling height and 240A/120V single-phase electric service. The property is zoned for light industrial use and is conditionally permitted for marijuana processing, presenting a unique opportunity for investors. The building consists of one structure with two units, making a duplex conversion possible. The property's APN is 33-01-01-15-309-132. This property is priced to sell below appraised value, making it an attractive investment opportunity in Ingham County. The building's layout and features provide ample space and functionality for a variety of commercial applications. The location in Lansing offers convenient access to transportation routes and local amenities. This is a rare chance to acquire a well-located, versatile warehouse at a competitive price.

    Property Features for 300 Hosmer St

    General Information

    Property type
    Distribution properties
    Square Feet
    4,752 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1954
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • $265,000 asking price for a vacant warehouse.
    • 4,752 square feet of rentable space in a single‑story building.
    • Located at 300 S Hosmer St, Lansing, MI 48912, on a 0.12‑acre lot.
    • Features two 10' x 9' drive‑in doors and 12' clear ceilings.
    • Light industrial zoning; conditionally permitted for marijuana processing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5414368
    Latitude
    42.7310056

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    FAQs

    What type of property is this?
    Distribution property - Spacious Lansing warehouse, ideal for various uses.
    Where is this distribution property located?
    The property is located at 300 Hosmer St Lansing, MI.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: $265,000 asking price for a vacant warehouse.; 4,752 square feet of rentable space in a single-story building.; Located at 300 S Hosmer St, Lansing, MI 48912, on a 0.12-acre lot.
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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
    300 Hosmer St Lansing, MI 48912
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