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Property profile & analytics
OFF-MARKET
Distribution centers

4504 Martin Luther King Jr Blvd Lansing, MI 48910-6221

6,000 SF 0.37 ac lot Built 1955
Individually Owned 11-yr Hold Free & Clear
Property ID
US43-0696382
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1955
Total area 6,000 SF
Lot 0.37 ac (16,291 SF)
Zoning code A-1 RES
APN 33-01-01-32-402-181
UPID US43-0696382
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Robert Crews · 11 yrs held
Robert Crews
since 2015
3 recorded transactions
2015
$60,000
2010
Price N/A
2010
Price N/A
Zoning & alternative use
A-1 RES · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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