Property profile

2100 South Washington Ave Lansing, MI 48910

FOR SALE
Warehouses
Property ID
US43-0599398
443,540 SF 9.59 ac lot Built 1915
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Ingham County property offers a diverse range of industrial spaces, perfect for various business needs. Currently, multiple units are available for immediate occupancy, ranging in size from 5,000 square feet to 80,000 square feet. The building's flexible design caters to a variety of uses, including manufacturing, cannabis cultivation, distribution, warehousing, and general storage. This multi-tenant building presents a unique opportunity for businesses seeking adaptable space in a prime location. The property is classified as industrial and special purpose, offering significant potential for diverse operations. The flexible layout allows for customization to meet specific requirements, making it an ideal solution for companies needing adaptable space. With competitive pricing starting at just $3 per square foot, this is an exceptional value for businesses seeking high-quality industrial space in the Lansing area. The property's location in Ingham County provides easy access to major transportation routes, ensuring efficient logistics and distribution. Contact us today to learn more about the available spaces and to schedule a viewing. Don't miss this chance to secure your ideal industrial space in a thriving market. The building's multi-use capabilities offer significant flexibility for a wide range of businesses. Immediate occupancy is available for qualified tenants.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1915
Total area 443,540 SF
Lot 9.59 ac (417,740 SF)
Zoning code I HVY
APN 33-01-01-28-151-013
UPID US43-0599398

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Freight Service Logistics Company
  • Furniture & Home Goods
  • Production Facility

Location

2100 South Washington Ave Lansing, MI 48910
Lansing metro Census 7000 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M

Owner & transaction history

since 2021
Last sale
$1.0M
1 recorded transaction
2021
$1.0M

Zoning & alternative use

I HVY · Lansing, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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