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    Property profile & analytics

    16120 Old Lansing, MI 48906

    • Industrial properties
    • 800 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 16120 Old

    Year built
    1925
    Lot size
    0.33 lot acres
    Property size
    800 SF
    Property type
    Industrial properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Clinton
    State
    Michigan
    Longitude
    -84.5433
    Latitude
    42.7823

    Comparable in this City

    • Value Estimation by Request
      0.58 Acres

      Benjamin Dr

      Land • 0.58 Acres
      0 Benjamin Dr, Lansing, MI 48906
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    • Value Estimation by Request
      8,000 SF

      3405 East St

      Distribution properties • 8,000 SF
      3405 East St, Lansing, MI 48906
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    • Value Estimation by Request
      14,000 SF

      2450 Prt Lansing Rd

      INDUSTRIAL (GENERAL) • 14,000 SF
      2450 Prt Lansing Rd, Lansing, MI 48906
      View Details
    • Value Estimation by Request
      29.29 Acres

      Lansing, MI 48906

      INDUSTRIAL (GENERAL) • 29.29 Acres
      Lansing, MI 48906
      View Details
    • Value Estimation by Request
      544 SF

      3307 Martin Luther King Jr Blvd

      INDUSTRIAL (GENERAL) • 544 SF
      3307 Martin Luther King Jr Blvd, Lansing, MI 48906
      View Details
    • Value Estimation by Request
      9,864 SF

      3463 Millwood Rd

      INDUSTRIAL (GENERAL) • 9,864 SF
      3463 Millwood Rd, Lansing, MI 48906-2492
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Former State-licensed marijuana grow facility in Lansing available for lease.
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    • $20 SF/Yr
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      Historic building, prime location, 909 sq ft.
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    16120 Old
    Lansing, MI 48906
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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
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