Property profile

5601 Enterprise Dr Lansing, MI 48911

FOR LEASE
Warehouses
Property ID
US43-0228633
48,750 SF 2.79 ac lot Built 1974
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Ingham County office space, situated within an industrial park setting, offers a unique opportunity for businesses seeking flexible and modern accommodations. Currently, 3,576 square feet of vacant space is available, divisible into units as small as 1,146 square feet and expandable up to a contiguous 3,576 square feet. The property features a total of two suites, providing a smaller-scale, intimate business environment. Each suite includes private offices, a convenient conference room, and a fully equipped kitchenette, enhancing productivity and collaboration. The building's robust electrical infrastructure includes 3-phase, 440-volt power, suitable for a variety of business needs. This location in Ingham County offers easy access to key transportation routes and amenities, making it an ideal choice for companies seeking a blend of functionality and convenience. The available space presents a rare opportunity to secure a well-appointed office space in a desirable location, catering to businesses of varying sizes and operational requirements. The flexible layout allows for customization to meet specific business needs, ensuring a comfortable and productive work environment. The combination of private offices, shared amenities, and ample power supply makes this property a compelling option for businesses seeking a high-quality, efficient workspace. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Total area 48,750 SF
Lot 2.79 ac (121,358 SF)
Zoning code I HVY
APN 33-01-05-03-426-018
UPID US43-0228633

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store
  • (Bike/Boat/Book/etc) Store Photography Service
  • Hardware & Home Improvement Interior Design

Location

5601 Enterprise Dr Lansing, MI 48911
Lansing metro Census 5304 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$965k
Blend (final) Blend
$690k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2014
$850,000
1969
Price N/A

Zoning & alternative use

I HVY · Lansing, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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