1412 Larch St, Lansing, MI 48906
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I HVY · Lansing, MILansing. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.