409 Lentz Ct, Lansing, MI 48917-3702
Exceptional investment opportunity: a 7,046-square-foot freestanding industrial warehouse in Lansing, Michigan, listed at $475,000 ($67.41/sq ft). This vacant property, built in 1972, sits on a 0.35-acre lot and is zoned for General Business use. The building boasts steel pole barn construction, featuring a spacious warehouse area with approximately 1,700 square feet of finished office space. Warehouse highlights include 14-foot ceiling clearance, two 12'H x 8'W electric overhead doors, one pedestrian door, 3-phase power, radiant heat, floor drains, and concrete floors. The office area offers a customer entrance, natural light, a reception desk, waiting area, six private offices, two restrooms, a separate furnace, and two entrances to the warehouse. A security system is in place. The property enjoys convenient access to major highways including I-496, I-96/I-69, and US-127. This property presents a strong potential for various industrial or commercial uses. The single unit is currently vacant, providing immediate occupancy for the new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
G GENER · Lansing, MILansing. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.