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Property profile & analytics
FOR LEASE
Industrial properties

4063 Grand Oak Dr Lansing, MI 48911

31,090 SF 2.49 ac lot Built 2006
Entity Owned 20-yr Hold Free & Clear
Property ID
US43-1154508
Property summary
AI-generated overview

This exceptional industrial/flex property, located in the prestigious Oakwood Executive Park at 4063 Grand Oak Drive, offers 21,594 square feet of immediately available space, divisible to a minimum of 5,000 square feet. Built in 2006, this single-story building sits on a 2.49-acre lot and boasts a 17-foot ceiling height, ideal for various industrial and flex uses. The property features convenient access with three drive-in doors and one enclosed loading dock, ensuring efficient loading and unloading operations. Separate pedestrian entrances provide convenient access for employees and visitors. Ample parking is available with approximately 50 spaces. The property is equipped with 3-phase, 480-volt power. The zoning is designated as H LT IN, and the Assessor's Parcel Number (APN) is 33-01-05-02-471-063. The cross street is Pine Tree Rd. This property presents a unique opportunity for businesses seeking a functional and well-located industrial or flex space in a desirable business park setting. The large contiguous space and flexible divisibility make it suitable for a wide range of tenants. Don't miss this chance to secure your ideal workspace.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 2006
Total area 31,090 SF
Lot 2.49 ac (108,247 SF)
Zoning code H LT IN
APN 33-01-05-02-471-063
UPID US43-1154508
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eng., Inc. General Contractor
  • Absolute Solar Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.78M
Owner & transaction history
Oakwood Ep LLC · 20 yrs held
Oakwood Ep LLC
since 2006
6 recorded transactions
2013
Price N/A
2011
Price N/A
2009
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
H LT IN · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.7M +39.1%
Auto repair, garage $2.7M +36.0%
Medical building $2.6M +35.6%
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More about this property
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