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    Property profile & analytics
    OFF-MARKET Estimated value $2,290,000
    Office buildings

    6545 Mercantile Way, Lansing, MI 48911-5990

    80,227 SF 6.01 ac lot Built 1974
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US43-0181059
    Property summary
    AI-generated overview

    This exceptional office property, located at 6545 Mercantile Way in Lansing, Michigan, presents a significant opportunity for businesses seeking flexible and expansive workspace. The Class B building, constructed in 1977, boasts a total of 127,051 square feet, with a substantial 76,000 square feet currently vacant and available for lease. The space is divisible to a minimum of 50,000 square feet and offers up to 126,000 contiguous square feet, catering to a wide range of tenant needs. The property is designated as both Executive and Traditional Office space, providing a versatile environment for various business types. Multiple tenancy options are available, allowing for customization and scalability. Ample parking is provided with 1,400 spaces. The property's location in Ingham County, with a Lansing zip code of 48911, offers convenient access to local amenities and transportation networks. The property's APN is 33-01-05-10-176-122. This is an excellent opportunity to secure a substantial and well-located office space in a thriving Michigan market. The building's size and layout provide significant flexibility for businesses of all sizes, from smaller executive suites to large corporate headquarters. Contact us today to learn more about this exceptional property and explore leasing options.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1974
    Total area 80,227 SF
    Lot 6.01 ac (261,621 SF)
    Zoning code G-2 WHO
    APN 33-01-05-10-176-122
    UPID US43-0181059
    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
    • U.S Auto Export Car Dealership
    • Telecopier Facsimile Sales (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.29M
    Blend (final) Blend
    $2.29M
    Owner & transaction history
    Durga Property Holdings INC · 8 yrs held
    Durga Property Holdings INC
    since 2018
    2 recorded transactions
    2018
    2010
    Zoning & alternative use
    G-2 WHO · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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