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    OFF-MARKET
    Manufacturing properties

    1412 Larch St, Lansing, MI 48906

    3,317 SF 0.2 ac lot Built 1924
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0215264
    Property summary
    AI-generated overview

    This 3,317 square foot industrial building, located at 1412 N Larch St, Lansing, MI 48906, is situated on an 8,712 square foot lot and is offered at $69,900 ($21.07/sq ft). The property is classified as Class C and zoned I - Heavy Industrial, making it suitable for a variety of uses including distribution, manufacturing, and warehousing. The building features one dock-high door and benefits from three-phase power. Note that the building has sustained fire damage to the southwest quadrant of the roof. The property is being sold "as-is," including existing contents. The asking price is negotiable. This Ingham County location offers convenient access to downtown Lansing and major roadways, providing excellent transportation links. The property's heavy industrial zoning provides flexibility for various business operations, such as those for contractors, machinists, or storage facilities. This presents a unique opportunity for investors or businesses seeking a cost-effective space with significant upside potential.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1924
    Total area 3,317 SF
    Lot 0.2 ac (8,712 SF)
    Zoning code I HVY
    APN 33-01-01-09-281-021
    UPID US43-0215264
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    W E 53 Ventures LLC · 1 yrs held
    W E 53 Ventures LLC
    since 2024
    Last sale
    $20,000
    1 recorded transaction
    2024
    $20,000
    Zoning & alternative use
    I HVY · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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