6545 Mercantile WayLansing, MI 48911

Property Details for 6545 Mercantile Way

Year built

1974

Lot size

6.01 AC

Property size (Sq ft)

80,227 SF

Zone code

G-2 WHO

Property type

Office properties

Property subtype

Office buildings

APN

33-01-05-10-176-122

APU

33010510176122

Description

This exceptional office property, located at 6545 Mercantile Way in Lansing, Michigan, presents a significant opportunity for businesses seeking flexible and expansive workspace. The Class B building, constructed in 1977, boasts a total of 127,051 square feet, with a substantial 76,000 square feet currently vacant and available for lease. The space is divisible to a minimum of 50,000 square feet and offers up to 126,000 contiguous square feet, catering to a wide range of tenant needs. The property is designated as both Executive and Traditional Office space, providing a versatile environment for various business types. Multiple tenancy options are available, allowing for customization and scalability. Ample parking is provided with 1,400 spaces. The property's location in Ingham County, with a Lansing zip code of 48911, offers convenient access to local amenities and transportation networks. The property's APN is 33-01-05-10-176-122. This is an excellent opportunity to secure a substantial and well-located office space in a thriving Michigan market. The building's size and layout provide significant flexibility for businesses of all sizes, from smaller executive suites to large corporate headquarters. Contact us today to learn more about this exceptional property and explore leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $5,018,836

  6.5%

  $4,632,772

  7%

  $4,301,860

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,504,434

  Geo Method

  $7,504,434

• Alternative Use

  Use

  Valuation

  Residential

  $5,744,638

  Hospitality

  $5,262,057

  Educational

  $4,377,970

  Medical

  $4,528,535

  Retail

  $6,810,176

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.6637

Longitude

-84.5352

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.