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Property profile & analytics

409 Lentz Ct Lansing, MI 48917-3702

  • Auto shops
  • 7,046 SF
  • 0.35 lot acres
OFF-MARKET
Last Sale
Sep 30, 2024
$407,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1461639
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

  • Auto shops

Property Details for 409 Lentz Ct

Year built
1972
Lot size
0.35 lot acres
Property size
7,046 SF
Zone code
G GENER
Property type
Auto shops
APN
33-21-01-18-451-001
APU
33210118451001

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5916
Latitude
42.7301
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
$8,550
$17,200
$97,300
$114,500
-
$34,400
$194,600
$229,000
More about this property
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