Current Use by Public Records
- Industrial properties
Property Details for 0 Miller Rd
- Year built
- 1955
- Lot size
- 3.68 lot acres
- Property type
- Industrial properties
- Property subtype
- Distribution centers
Description
This exceptional industrial property, located at E Miller Rd, Lansing, MI 48911, presents a unique investment opportunity. Spanning 3.68 acres, the property features two buildings totaling 3,276 square feet, offering ample space for a variety of commercial uses. Built in 1955 and renovated in 2013, the buildings boast a 10-foot ceiling height and are in excellent condition. The property is zoned industrial per the Lansing form-based zoning map (adopted 2021), making it ideal for various businesses. Importantly, the property has received approval for marijuana cultivation and processing, and is eligible for a dispensary/provisioning license, offering significant potential for vertical integration within the cannabis industry. The asking price is $595,000, or $181.62 per square foot, representing a compelling value considering the land size and approved uses. This prime location enjoys proximity to major retailers such as Speedway, Meijer, Pet Plus, and Culver's, as well as numerous car dealerships, ensuring high visibility and convenient access. The property is offered as a single-tenant, NNN lease. The parcel number is 33-01-05-03-377-082. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a thriving location with significant growth potential.
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Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5382
- Latitude
- 42.6692
