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    OFF-MARKET
    Manufacturing properties

    2909 Martin Luther King Jr Blvd 43, Lansing, MI 48910-2655

    4,050 SF 0.33 ac lot Built 1948
    Entity Owned Free & Clear
    Property ID
    US43-1841783
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two adjacent parcels totaling 6,707 square feet situated on a 0.43-acre lot in Lansing, Michigan's bustling industrial zone. The main building, located at 2909 S. MLK Jr Blvd, boasts 4,050 square feet of space, constructed in 1948. This sturdy structure features steel framing, concrete block walls, and ample power with 480 3-phase bus duct power. Inside, you'll find four restrooms (two on the main floor and two upstairs) and an overhead door at the rear, enhancing functionality and accessibility. The building has served as a machine shop for many years, offering a solid foundation for a variety of commercial or office uses. The adjacent property, at 2915 1/2 S. MLK Jr Blvd, comprises 2,657 square feet of concrete block construction. While the roof requires attention, this building also benefits from 480 3-phase power, presenting further development potential. Both properties are zoned H - Light Industrial, providing flexibility for diverse business ventures. The location on S. MLK Jr Blvd, between Mt. Hope Avenue and Holmes Road, ensures high visibility and convenient access to major transportation routes. The asking price for this combined property is $150,000, representing a compelling opportunity in a prime industrial area. The Ingham County location, with APN numbers 33-01-01-29-426-021 and 33-01-01-29-426-039, offers further identification and verification.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1948
    Total area 4,050 SF
    Lot 0.33 ac (14,549 SF)
    Zoning code H LT IN
    APN 33-01-01-29-426-021
    UPID US43-1841783
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Phillips Brothers Screw Products Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Philleran LLC
    Philleran LLC
    since 2025
    2 recorded transactions
    2025
    2022
    Zoning & alternative use
    H LT IN · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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