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Property profile & analytics
FOR LEASE
Distribution centers

5643 Enterprise Dr Lansing, MI 48911

80,256 SF 6.64 ac lot Built 2000
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US43-4066269
Property summary
AI-generated overview

This exceptional 15,480-square-foot industrial warehouse space is located within the 80,256-square-foot Pratt & Whitney Building in Lansing's Midway Industrial Park. Situated at 5643 Enterprise Drive, Lansing, MI 48911, this move-in ready suite offers a blend of warehouse and office space, ideal for various industrial uses. The suite comprises 12,155 square feet of warehouse area and 3,325 square feet of carpeted office space, equipped with three dock-high doors and one grade-level door. The entire space is climate-controlled, ensuring year-round comfort. Security features include a perimeter fence and gated entry, providing peace of mind. The property's strategic location in South Lansing offers easy access to I-96, enhancing logistics and transportation. The Midway Industrial Park boasts a strong tenant base, including notable companies like Two Men and A Truck, APCO, Lectronix, and Neogen. The property is zoned for industrial use and is part of a multi-tenant building. The minimum divisible space is 15,480 square feet, making it suitable for businesses requiring significant space. Ingham County location provides access to a robust infrastructure and workforce. This is a rare opportunity to secure high-quality industrial space in a prime location.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2000
Total area 80,256 SF
Lot 6.64 ac (289,064 SF)
APN 33-01-05-03-426-082
UPID US43-4066269
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
Current use
Occupant on record · Public records
  • Pratt & Whitney AutoAir Plant 4 Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.05M
Blend (final) Blend
$2.25M
Owner & transaction history
L L C EIP5643 · 6 yrs held
L L C EIP5643
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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