Property profile & analytics
3440 Dunckel Rd, Unit 4 Lansing, MI 48911-4215
- Warehouses
- 18,000 SF
- 1.87 lot acres
OFF-MARKET
Last Sale
Jun 03, 2025
Jun 03, 2025
Value Estimations
$1,155,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1571370
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
- Wesco / Building Supply / Electrical Service
Property Details for 3440 Dunckel Rd
- Year built
- 2001
- Lot size
- 1.87 lot acres
- Property size
- 18,000 SF
- Zone code
- C-2
- Property type
- Warehouses
- APN
- 33-25-05-02-200-018
- APU
- 33250502200018
Description
This exceptional industrial investment property, located at 3440 Dunckel Rd, Lansing, MI 48911, presents a compelling opportunity for discerning investors. The 25,000 square foot Class B warehouse, built in 2001, sits on a 1.99-acre lot and boasts a desirable C-2 zoning designation. The property features 24-foot ceilings, providing ample vertical space for various uses. Loading and unloading are facilitated by two loading docks and two dock-high doors. Ample parking is available with 30 spaces provided on-site. The building is well-maintained and currently features a single tenant. The asking price is $2,460,000, representing a strong 6.00% capitalization rate. The property's Ingham County location offers convenient access to major transportation routes and a robust local economy. This is a rare opportunity to acquire a well-located, income-producing industrial asset with significant upside potential. The property's features include a 600 amp, 3-phase electrical service and a fully sprinklered system. The APN is 25-05-02-200-018. This property is offered for sale by owner.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,307,000
- AI Estimate
- $729,000
Market price range: $564k - $1.78MMarket price range: $356k - $1.05M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,045,000 Current use
- RESTAURANT
- $1,570,000 Change: +50% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,535,000 Change: +47% Conversion: Easy
- MEDICAL BUILDING
- $1,530,000 Change: +46% Conversion: Difficult
- OFFICE BUILDING
- $1,485,000 Change: +42% Conversion: Difficult
- RETAIL STORES
- $1,285,000 Change: +23% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $1,155,000 Change: +10% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $1,130,000 Change: +8% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5129
- Latitude
- 42.6801
- 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
2022
$33,519
$102,000
$577,200
$679,200
-
$204,000
$1,154,400
$1,358,400
