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Property profile & analytics

3131 Michigan Ave Lansing, MI 48912

  • Outlet malls
  • 154,644 SF
  • 14.48 lot acres
Value Estimation
Location Intelligence
Property ID
US43-1325598
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

  • Starlight Dinner Theatre / Dinner Theater
  • Sparrow Laboratories Drive Thru Services (formerly Sears Auto Center) / Medical Laboratory
  • Sears Appliance Repair / Appliance Repair Service / Air Conditioning Repair Service
  • Drive Thru Lab Services | University of Michigan Health-Sparrow / Medical Laboratory
  • Waverly East Intermediate School / Middle School / Public Educational Institution

Property Details for 3131 Michigan Ave

Year built
1953
Lot size
14.48 lot acres
Property size
154,644 SF
Zone code
F COMM
Property type
Outlet malls
APN
33-01-01-14-226-021
APU
33010114226021

Description

This exceptional 80,000-square-foot industrial property, located at 3131 E Michigan Ave in Lansing, Michigan, presents a significant opportunity for businesses seeking a large-scale warehouse or flex space. The single-tenant building boasts a substantial 80,000 square feet of vacant space, ready for immediate occupancy. The high ceilings, measuring 17 feet, provide ample vertical clearance for storage and operations. Four loading docks ensure efficient loading and unloading of goods, streamlining logistical processes. The property's classification as both warehouse and flex space offers considerable versatility, accommodating a wide range of industrial and commercial uses. Situated in Ingham County, with a convenient Lansing address and zip code 48912, this location offers excellent access to transportation networks and a skilled workforce. The property is currently entirely vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. This is a rare opportunity to secure a substantial, well-equipped industrial space in a prime Lansing location. The property's size and features make it suitable for a variety of businesses seeking significant warehouse or flex space in the Lansing area.

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
Ingham
State
Michigan
Longitude
-84.5067
Latitude
42.735
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
2022
$231,443
$1,556,900
$1,471,000
$3,027,900
-
$3,113,800
$2,942,000
$6,055,800
More about this property
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