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Property profile & analytics

2324 7th Ave, Unit 16 Lansing, MI 48906-4258

  • Warehouses
  • 1,536 SF
  • 1.08 lot acres
OFF-MARKET
Last Sale
Jun 05, 2025
$250,000
Value Estimations
$225,000
Show details
Cap Rate Potential
5.5%
Warehouses
Location Intelligence
Property ID
US43-1804231
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

  • Dimick Machine Repair / Machine Shop

Property Details for 2324 7th Ave

Year built
1987
Lot size
1.08 lot acres
Property size
1,536 SF
Zone code
H LT IN
Property type
Warehouses
APN
33-01-01-03-352-011
APU
33010103352011

Description

This exceptional Lansing commercial property presents a unique investment opportunity encompassing two substantial buildings on a sizable 1.08-acre lot. The property is ideally suited for a variety of industrial or manufacturing businesses. One building, a versatile warehouse structure, features two overhead doors for convenient loading and unloading, and a 12-foot ceiling height, providing ample space for storage and operations. This building also includes a pole barn component. The second building is a dedicated manufacturing facility, boasting a significant 20-foot ceiling height, perfect for accommodating large machinery and extensive production lines. The combined square footage of both buildings totals an impressive 7,391 square feet, offering considerable room for growth and expansion. The property benefits from a fenced yard located behind the buildings, enhancing security and providing additional outdoor space. The property is zoned for industrial use, ensuring flexibility and compliance with local regulations. This is a rare opportunity to acquire a substantial and well-equipped commercial property in a prime Lansing location. The expansive space and versatile layout make this an ideal choice for businesses seeking to establish or expand their operations. The property's size and features offer significant potential for long-term growth and profitability.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $225,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $205,000
    6.5%
    $190,000
    7%
    $175,000

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


Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5402
Latitude
42.7581
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
2022
$7,146
$33,800
$59,200
$93,000
-
$67,600
$118,400
$186,000
More about this property
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