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Property profile & analytics

6500 Mercantile Way Lansing, MI 48916

  • Office buildings
  • 30,401 SF
  • 2.50 lot acres
Value Estimation
$740,000
Location Intelligence
Property ID
US43-5174480
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Great Lakes Recruit Battalion / Federal Government Office / Professional Services
  • Fusion Dance Center / Dance School
  • Wagging tails breeding and boarding / Pet Boarding Service
  • U.S. Army Great Lakes Recruiting Battalion / Military Recruiting Office
  • Mackinac Software LLC / Software Company

Property Details for 6500 Mercantile Way

Year built
1980
Lot size
2.50 lot acres
Property size
30,401 SF
Zone code
G-2 WHO
Property type
Office buildings
APN
33-01-05-10-176-118
APU
33010510176118

Description

This single-story, 30,401 square foot Class B office building, constructed in 1980, offers multiple tenancy options ranging from 2,728 to 7,975 square feet. Located at 6500 Mercantile Way in Lansing, Michigan (48916), this property boasts a prime South Lansing location, providing exceptional flexibility and visibility for businesses of all sizes. The building features convenient access to I-96 and Cedar Street, ensuring easy commutes for employees and clients throughout the metro Lansing area. Amenities include bike racks, electric car charging stations, and access to workout facilities, enhancing employee satisfaction and overall value. On-site maintenance and management services are available five days a week. The property is zoned G-2 WHOLESALE and its Ingham County APN is 33-01-05-10-176-118. This property is ideal for businesses seeking executive office suites or corporate headquarters, with both move-in-ready and build-to-suit options available. The building represents the largest single office complex in South Lansing.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $805,000
  • CAP approach

    CAP return
    Estimation
    6%
    $610,000
    6.5%
    $600,000
    7%
    $620,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $775,000
    Geo Method
    $620,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $675,000
    Retail
    $740,000
    Mixed-Use
    $580,000
    Hospitality
    $680,000
    Educational
    $670,000
    Residential Income
    $670,000
    Energy
    $805,000
    Income-Based Land
    $695,000
    Food Service
    $755,000

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5362
Latitude
42.665
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$29,434
$201,600
$404,900
$606,500
-
$403,200
$809,800
$1,213,000
More about this property
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