Property profile

1701 Technical Dr Saint Johns, MI 48879

FOR LEASE
Warehouses
Property ID
US43-2197169
339,220 SF 36.58 ac lot Built 2002
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 332,750-square-foot Class B industrial distribution center, built in 2003, is available for sale or lease in Saint Johns, Michigan. The single-story facility sits on a generous 27.53-acre lot and offers significant expansion potential of up to 135,880 square feet. The building boasts 107,070 square feet of temperature-controlled space and 225,680 square feet of dry storage, making it ideal for a variety of uses. Features include 40 loading docks (38 levelers & locks for dry goods, 2 plus 2 levelers & locks for refrigerated goods), three grade-level doors, and ample trailer parking for 77 spaces (plus 62 dock positions). The building has a 37-foot ceiling height and a 300 AMP, 480 V main service. Its strategic location along US-127 provides easy access to major transportation routes, with Lansing approximately 35 minutes away, Grand Rapids within 1 hour and 20 minutes, and Detroit within 1 hour and 40 minutes. The property is zoned for industrial use and is offered fee simple. This property presents a rare opportunity to acquire a well-maintained, expansive distribution center priced below replacement cost.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Construction CONCRETE
Total area 339,220 SF
Lot 36.58 ac (1,593,425 SF)
Zoning code I-1
APN 300-004-300-095-00
UPID US43-2197169

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1701 Technical Dr Saint Johns, MI 48879
Saint Johns metro Census 10901 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.93M
Blend (final) Blend
$11.00M

Owner & transaction history

since 2025
Last sale
$12.0M
7 recorded transactions
2025
$12.0M
2020
Price N/A
2020
Price N/A
2020
Price N/A
2017
Price N/A
2016
Price N/A
2013
Price N/A

Zoning & alternative use

I-1 · Saint Johns, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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