5214 Pennsylvania Ave Lansing, MI 48911
This exceptional industrial property, located at 5214 S Pennsylvania in Lansing, Michigan, presents a compelling investment opportunity. The building encompasses 1,456 square feet of functional space, ideal for a variety of industrial uses. Situated on a conveniently sized 0.21-acre lot, the property offers ample room for maneuvering and potential expansion. The asking price is $145,000, representing a strong value proposition in the current market. The property's address is easily accessible, providing excellent connectivity to major transportation routes, enhancing its logistical appeal for businesses requiring efficient distribution networks. This location within Lansing offers proximity to a skilled workforce and established infrastructure, further contributing to its overall attractiveness. The building's square footage provides a solid foundation for a range of industrial operations, from light manufacturing to warehousing or distribution. Serious inquiries are encouraged to explore the full potential of this well-positioned industrial property. Given the size and location, this property is well-suited for a variety of businesses seeking a cost-effective and strategically located industrial space in the Lansing area. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This presents a rare opportunity to acquire a well-priced industrial property in a desirable location.
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
F COMM · Lansing, MICosts & 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.