Entity Owned Property summary
This expansive industrial property, located at 1121 River St, Lansing, MI 48912, offers 42,000 square feet of versatile space. The building, constructed in 1949, features a two-story design with a significant 35,000 square foot warehouse area boasting 20-foot ceilings. The warehouse is complemented by 7,000 square feet of office space, ideal for administrative functions or tenant expansion. Loading and unloading are efficient with two loading docks and five drive-in bays. Ample parking is… available with 50 surface-level spaces. The property sits on a 1.4-acre lot and is zoned I. The building benefits from a recently installed 3-phase electrical service, ensuring reliable power for various industrial operations. Its strategic location is a key advantage, situated a quarter-mile south of I-496, providing easy access to major highways and efficient transportation links. Furthermore, its proximity to Cedar Street, a main north-south artery connecting Lansing's central business district, enhances its accessibility. Importantly, this property holds a City of Lansing Class-C Cannabis Cultivation and Processing license. The APN is 33-01-01-21-279-041. This presents a unique opportunity for businesses seeking a well-equipped, strategically located industrial space with existing cannabis cultivation and processing capabilities.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 36,484 SF
- Lot area
- 1.4 ac
- Year built
- 1949
- Stories
- 2
- APN
- 33-01-01-21-279-041
- Zoning
- I HVY
- Assessed value · 2023
- $647,700
- Annual tax · 2020
- $30,364
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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