Property summary
This exceptional 137,454-square-foot industrial warehouse, situated on an expansive 11.59-acre lot (504,860 square feet) in Lansing, Michigan, presents a compelling redevelopment opportunity. Built in 1989, the single-story building boasts a 27-foot ceiling height, providing ample vertical space. Currently, 68,467 square feet is vacant, offering significant flexibility for various uses. The property features eight dock-high doors and four loading docks, ensuring efficient loading and unloading operations. Ample parking is available with 700 spaces. The building benefits from robust power infrastructure, including 3000 amps of 480-volt power, and is fully air-conditioned. The wide column spacing (60'x40') further enhances usability. The property is zoned commercial and is conveniently located in Ingham County, with quick access to I-96 via exit 104 at Cedar Street. The former Sam's Club location is adaptable to various industrial or commercial/retail tenants. Future improvements could include the addition of truckwells and overhead doors to further enhance functionality. This property offers a unique chance to acquire a substantial warehouse in a strategic location with significant potential for growth and adaptation. The property's address is 340 E Edgewood Blvd, Lansing, MI 48911.
Property profile
VerifiedCap rate & NOI
Current use
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Department Store
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
G-2 WHO · Lansing, MIZoning
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Zoning designation
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