2324 7th Ave, Unit 16 Lansing, MI 48906-4258
- Warehouses
- 1,536 SF
- 1.08 lot acres
Jun 05, 2025
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
-
AI approach
- Method
- Estimation
- ML approach
- $225,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $205,000
- 6.5%
- $190,000
- 7%
- $175,000
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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