You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $1,065,000
Warehouses

4700 Grand Riv Ave Lansing, MI 48906-2536

13,822 SF 2.58 ac lot Built 1967
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US43-1318070
Property summary
AI-generated overview

This exceptional 13,822-square-foot industrial property, located at 4700 N Grand River Ave in Lansing, Michigan, presents a compelling value-add investment opportunity. The single-story, 2004-built building sits on a 2.58-acre lot, offering significant potential for expansion and ample outdoor storage. Currently vacant with an occupancy date of May 1, 2024, this property is zoned for mixed use. The building features a ceiling height ranging from 13 to 16 feet and boasts substantial electrical capacity, including 240V 3-phase power panels with 225 amp and 400 amp service. The building is fully fire suppressed and offers a wide-open floor plan, ideal for various industrial uses including distribution and manufacturing. The asking price is $750,000, translating to $54.26 per square foot. This NNN-lease property is being offered for sale by owner and presents a unique chance to acquire a well-located industrial asset with significant upside potential. The property is conveniently located in Ingham County, Michigan, with the zip code 48906. While there are no loading docks or dock-high doors currently, the expansive lot and flexible zoning provide considerable room for future improvements and customization to meet specific operational needs.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Total area 13,822 SF
Lot 2.58 ac (112,472 SF)
Zoning code MIXED Z
APN 33-01-01-06-126-021
UPID US43-1318070
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
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.07M
Owner & transaction history
Apollo Drive II LLC · 2 yrs held
Apollo Drive II LLC
since 2024
3 recorded transactions
2024
Price N/A
2021
Price N/A
2020
Price N/A
Zoning & alternative use
MIXED Z · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.2M +56.6%
Auto repair, garage $1.2M +53.1%
Medical building $1.2M +52.6%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4700 Grand Riv Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message