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Property profile & analytics

2120 S Washington Ave Lansing, MI 48910

  • Manufacturing properties
  • 443,540 SF
  • 9.59 lot acres
For Lease
Last Sale
Sep 01, 2021
$2,000,000
Value Estimations
$1,990,000
Cap Rate Potential
Location Intelligence
Property ID
US43-0468885
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Manufacturing properties

Property Details for 2120 S Washington Ave

Year built
1915
Lot size
9.59 lot acres
Property size
443,540 SF
Zone code
I HVY
Property type
Manufacturing properties
APN
33-01-01-28-151-014
APU
33010128151014

Description

This exceptional free-standing warehouse, located at 2120 S Washington Avenue in Ingham County, offers a significant opportunity for businesses seeking flexible industrial space. The property boasts a total of 114,037 square feet, with a minimum divisible space of 5,000 square feet and the potential to lease the entire building contiguously. Currently, the entire 114,037 square feet is vacant and ready for immediate occupancy. The warehouse features impressive 16' to 18' clear ceiling heights, providing ample vertical space for storage and operations. Loading is facilitated by one dock-high door and five truckwells. Ample parking is available with over 50 spaces. The property benefits from robust power capabilities, including 600 amps, 440 volts, and 3-phase power. An elevator is also present. The building underwent extensive renovations in 2024, including a new roof, electrical service, and LED lighting throughout. The property is zoned for industrial use and is conveniently situated near an active rail spur. Office space can be customized to suit tenant needs. The lease rate is $5.50 per square foot, NNN, with pricing adjusted based on size and lease term. Inquire for sale information.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,990,000
    ML approach
    $1,985,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5543
Latitude
42.71
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,567
$64,600
$444,000
$508,600
-
$129,200
$888,000
$1,017,200
More about this property
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