3125 Pinetree Rd, Unit 3, Lansing, MI 48911-4244
- Industrial properties
- 19,696 SF
- 1.69 lot acres
Current Use by Public Records
- cBLUE Printers | Commercial Blueprint / Marketing & Advertising / Printing Service
- Dental Health Products, Inc. (DHP) / Dental Office
- Record Nations / Storage Facility
- Geotech Environmental Equipment: Michigan Service Center / Environmental Consultant
- Zip Medical Supplies / Medical Supply Store
Property Details for 3125 Pinetree Rd
- Year built
- 1993
- Lot size
- 1.69 lot acres
- Zone code
- IP
- Property type
- Industrial properties
- Property subtype
- Loft space
- APN
- 33-25-05-02-401-003
- APU
- 33250502401003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 20, 2013 | — | Dart Container Of Michigan LLC | — | Loan Modification · related | $670M · Wilmington Trust (london) Ltd |
| Oct 26, 2011 | — | Dart Container Of Mi LLC | — | Deed Of Trust · related | $457.4M · Oneida Investments Ltd |
| Jul 6, 2009 | — | Dart Container Of Mi LLC | — | Loan Modification · related | $457.4M · Oneida Investments Ltd |
| — | — | Dart Container Of Michigan LLC | — | Loan Modification · related | — |
| — | — | Dart Container Of Michigan LLC | — | Loan Modification · related | $1,133.4M · Wilmington Trust (london) Ltd |
Description
This Oakwood Executive Park property offers a versatile 19,696 square foot flex space, ideal for various businesses. The single-story, 1993-built building underwent renovations in 2015. It features 4,928 square feet of vacant space, divisible into warehouse and office areas. The warehouse boasts 17-foot ceilings, one grade-level door (14'H x 12'W), one shared loading dock, and 3-phase, 480-volt power. Office space includes a showroom, reception area, conference room, two private offices, an open work area, and an in-suite restroom. The building also offers 8-10 parking spaces and one drive-in. The property is zoned IP and located at the intersection of Pine Tree and English Oak Drive (APN: 33-25-05-401-003). The landlord is receptive to tenant build-out requests. This exceptional location provides easy access and ample space for a variety of professional uses. The property's features combine the functionality of a warehouse with the sophistication of modern office space, creating a unique and adaptable environment for your business.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,512,000
Market price range: $554k - $2.06M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,235,000 Current use
- RESTAURANT
- $1,720,000 Change: +39% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,680,000 Change: +36% Conversion: Easy
- MEDICAL BUILDING
- $1,675,000 Change: +36% Conversion: Difficult
- OFFICE BUILDING
- $1,625,000 Change: +32% Conversion: Difficult
- RETAIL STORES
- $1,405,000 Change: +14% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $1,265,000 Change: +2% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,145,000 Change: -7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5044
- Latitude
- 42.6733
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
