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    Property profile & analytics

    340 Edgewood Blvd Lansing, MI 48911

    • Outlet malls
    • 135,318 SF
    • 10.59 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    Last Sale
    Mar 07, 2024
    Location Intelligence
    Property ID
    US43-1803429
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stock and Field of Lansing / Sporting Goods Store / Department Store
    • higi / Health Consultant
    • Dr. David Whitney / Optometrist

    Property Details for 340 Edgewood Blvd

    Year built
    1989
    Lot size
    10.59 lot acres
    Property size
    135,318 SF
    Zone code
    G-2 WHO
    Property type
    Outlet malls
    APN
    33-01-05-09-403-014
    APU
    33010509403014

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5467
    Latitude
    42.6619
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $506,280
    $591,600
    $2,720,500
    $3,312,100
    -
    $1,183,200
    $5,441,000
    $6,624,200

    Comparable in this City

    • Value Estimation
      $715,000
      11,348 SF

      7004 Cedar St

      WHOLESALE OUTLET, DISCOUNT STORE • 11,348 SF
      7004 Cedar St, Lansing, MI 48911-6914
      View Details
    • Value Estimation
      $675,000
      29,575 SF

      5744 Pennsylvania Ave, Unit 8

      WHOLESALE OUTLET, DISCOUNT STORE • 29,575 SF
      5744 Pennsylvania Ave, Lansing, MI 48911-5226
      View Details
    • Value Estimation by Request
      99,022 SF

      500 Edgewood Blvd, Unit 31

      WHOLESALE OUTLET, DISCOUNT STORE • 99,022 SF
      500 Edgewood Blvd, Lansing, MI 48911-5901
      View Details
    • Value Estimation
      $180,000
      9,289 SF

      2695 Eaton Rpds Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 9,289 SF
      2695 Eaton Rpds Rd, Lansing, MI 48911-6310
      View Details
    • Value Estimation by Request
      168,480 SF

      725 American Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 168,480 SF
      725 American Rd, Lansing, MI 48911-5983
      View Details
    • Value Estimation by Request
      191,177 SF

      6200 Pennsylvania Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 191,177 SF
      6200 Pennsylvania Ave, Lansing, MI 48911-5719
      View Details

    Similar Nearby for Sale

    • $549,000
      5,311 SF

      Fully Leased Retail Investment Property

      Three-unit retail building in a high-traffic Lansing retail corridor.
      5735 South Cedar St, Lansing, MI 48911
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    • $2,000,000
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      Lansing Retail Space: Prime Location

      17,700 SF Retail Building, High Traffic Area
      134 Edgewood Blvd, Lansing, MI 48911
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    • $500,000
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      High-Traffic Commercial Property for Sale

      Commercial property with dual revenue streams at a high-traffic intersection.
      5101 South Pennsylvania Ave, Lansing, MI 48911
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    • $150,000
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      Retail Property in Lansing, MI

      Retail property available for sale in Lansing, Michigan.
      6020 S Cedar St, Lansing, MI 48911
      View Details
    • New
      $370,000
      1,914 SF

      Retail Property on Cedar Street

      Well-located retail property in Lansing's high-traffic commercial corridor.
      5751 S Cedar St, Lansing, MI 48911
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    Similar Nearby for Lease

    • $14 SF/Yr
      7,845 SF

      Retail Space in Cedar Street Center

      Retail spaces available in a busy shopping center.
      6250 South Cedar St, Lansing, MI 48911
      View Details
    • $8 SF/Yr
      4,665 SF

      Retail Space in Lansing Center

      4,665 SF retail, office, or medical space for lease.
      5058 S Waverly Rd, Lansing, MI 48911
      View Details
    • $13 SF/Yr
      1,200 SF

      Five Oaks Executive Office Suite

      Prime Retail/Office Space Available
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      View Details
    • Contact for pricing
      6,800 SF

      Lansing Retail Space - Jolly Road

      Prime Lansing retail space, high visibility location.
      2520 Jolly Rd, Lansing, MI 48911
      View Details
    • $12 SF/Yr
      1,795 SF

      Retail Space Available For Lease

      Retail space for lease, formerly a Check and Go.
      6510 S Cedar St, Lansing, MI 48911
      View Details
    • $11 SF/Yr
      1,956 SF

      Lansing Retail Office Suites Available

      Prime Southside location, flexible spaces.
      6810 Cedar St, Lansing, MI 48911
      View Details
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    Lansing, MI 48911
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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