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    Industrial properties

    1930 Turner Rd, Lansing, MI 48906

    3,000 SF 0.98 ac lot
    Property ID
    Property summary
    AI-generated overview

    This Lansing, Michigan industrial property, located at 1930 Turner Road, offers a unique investment opportunity. The 0.984-acre site includes a Holcim rail terminal featuring six silos with a total capacity of approximately 7,000 short tons. The terminal boasts one rail loading spout, seven truck unloading points, four unloading blow-off pipes, and a scale. One grain silo has a 750 short ton capacity, while two concrete silos each hold 3,000 short tons. Each silo is equipped with a dust collector. The property is connected to CSX Rail and benefits from an easement to Benjamin Street. While the terminal has been dormant for the past 10 years, its substantial infrastructure presents significant redevelopment potential. The property is zoned for industrial use and features a 3,000 square foot building constructed in phases (1954, 1962, and 1999). The asking price is $399,000. This single-ownership property is situated in Ingham County, Michigan, zip code 48906.

    Property profile
    Verified
    Property type Industrial properties
    Total area 3,000 SF
    Lot 0.98 ac (42,863 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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