4504 Martin Luther King Jr Blvd Lansing, MI 48910-6221
This exceptional 6,000-square-foot commercial property in Lansing, Michigan, presents a unique investment opportunity. Situated on South Martin Luther King Jr. Boulevard in Ingham County, this single-tenant building boasts a prime location along a major commercial thoroughfare, ensuring high visibility and accessibility. The property's versatile layout includes approximately 1,200 square feet of carpeted retail showroom space, ideal for showcasing products or services. An additional 3,600 square feet of climate-controlled warehouse space provides ample storage and operational area. Furthermore, a 1,200-square-foot unheated garage offers extra storage or workspace. The warehouse features a 14-foot ceiling height, facilitating efficient storage and operations. Heavy power is available, catering to businesses with significant energy demands. Convenient access is provided by one overhead drive-in door. The property is currently vacant, offering immediate occupancy for a new tenant. This versatile space is suitable for a variety of businesses, including retail, industrial, and restaurant uses, making it an attractive option for entrepreneurs and established companies alike. The property's location in Lansing, MI, zip code 48910, offers easy access to major transportation routes and a thriving local market. This is a rare opportunity to acquire a well-positioned, functional commercial space in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
A-1 RES · 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.