3366 Remy Dr Lansing, MI 48906-2727
- Manufacturing properties
- 64,722 SF
- 4.28 lot acres
Current Use by Public Records
- American Eagle Warehouse / Fireworks Store
Property Details for 3366 Remy Dr
- Year built
- 1970
- Lot size
- 4.28 lot acres
- Property size
- 64,722 SF
- Zone code
- H LT IN
- Property type
- Manufacturing properties
- APN
- 33-01-01-05-104-001
- APU
- 33010105104001
Description
This exceptional 65,000-square-foot warehouse, located at 3366 Remy Dr in Lansing, Michigan, presents a unique investment opportunity. Situated on a generous 4.28-acre lot in Ingham County, this property boasts a prime location near the Lansing Airport, ensuring convenient access to major transportation routes. Originally constructed in 1970, the building underwent a complete renovation in 2024, resulting in a modern and efficient industrial space. The layout includes 16,000 square feet of low-bay industrial/office space, perfectly complemented by 49,000 square feet of warehouse space. Adding to its versatility, the property also features 66,000 square feet of fenced outdoor storage, providing ample room for equipment or materials. The warehouse benefits from a 16-foot ceiling height and three convenient truckwells. The property is zoned for industrial use and is currently available for a triple net (NNN) lease. This is a rare opportunity to acquire a fully renovated, large-scale industrial property in a strategic location. The combination of modern amenities, ample space, and convenient access makes this warehouse an attractive option for a variety of industrial businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,350,000
- 6.5%
- $2,240,000
- 7%
- $2,220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,135,000
- Geo Method
- $2,355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,960,000
- Retail
- $2,015,000
- Mixed-Use
- $2,230,000
- Hospitality
- $2,325,000
- Educational
- $1,800,000
- Residential Income
- $2,355,000
- Energy
- $2,370,000
- Income-Based Land
- $2,145,000
- Food Service
- $2,285,000
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5799
- Latitude
- 42.7679
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
