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    5023 Saginaw Hwy Lansing, MI 48917

    Sponsored
    For Lease
    $9 SF/Yr ($2,683 /Mo)

    3,500 SF Warehouse, Excellent Location

    Lot size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-tenant industrial warehouse, located at 5023 W Saginaw Hwy in Lansing, Michigan, offers 3,500 square feet of versatile space. The building features one story, a single drive-in door, and 16-foot ceilings. The property includes two offices, gas heating, and washer/dryer hookups. Access is via a private rear entrance opening onto a spacious parking lot, accessible from both Saginaw Highway and Elmwood. The location provides excellent visibility and convenience, situated at the corner of W Saginaw and Elmwood, near Lansing Mall, Meijer, Harbor Freight Tools, and Goodyear. While the listed square footage is 3,500 square feet, an adjacent 1,000 square foot suite with retail frontage is also available for lease, presenting an opportunity for businesses requiring both retail and warehouse space. The property is in Eaton County, Michigan, zip code 48917. This property is ideal for a variety of commercial uses. The 14-foot overhead door facilitates easy loading and unloading.

    Property Features for 5023 Saginaw Hwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,500 SF
    Total Rate
    2683.33

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,500 SF
    Rate per SF
    $9

    HighLights

    • 3,500 SF single‑tenant industrial warehouse in Lansing, MI.
    • Features one drive‑in door and 16‑foot ceilings.
    • Includes two offices, gas heat, and washer/dryer hookups.
    • Private rear entrance with ample parking, accessible from Saginaw Hwy and Elmwood.
    • Excellent visibility at W Saginaw & Elmwood, near major retailers.
    • Adjacent 1,000 SF retail suite also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wild Bill's Tobacco Tobacco Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.620968
    Latitude
    42.7406576

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    FAQs

    What type of property is this?
    Distribution property - 3,500 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 5023 Saginaw Hwy Lansing, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 3,500 SF single-tenant industrial warehouse in Lansing, MI.; Features one drive-in door and 16-foot ceilings.; Includes two offices, gas heat, and washer/dryer hookups.
    Request Owner's contact information
    5023 Saginaw Hwy Lansing, MI 48917
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    Lansing, MI 48917
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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
    5023 Saginaw Hwy Lansing, MI 48917
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