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    OFF-MARKET
    Office buildings

    906 Terminal Rd 7, Lansing, MI 48906-3063

    5,256 SF 0.46 ac lot Built 1960
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-5174472
    Property summary
    AI-generated overview

    This vacant industrial property, located at 906 Terminal Road in Lansing, Michigan, presents a compelling investment opportunity. The 6,066 square foot building sits on a 0.46-acre lot and is zoned for light industrial use. The structure is a clear-span block and steel building, offering a versatile layout. The space is divided into two distinct areas: a 3,746 square foot industrial section and a 2,320 square foot office area. The office space features a reception area, private offices, and an open meeting space, ideal for a variety of businesses. The warehouse area is further subdivided into a 2,936 square foot heated section and an 810 square foot unheated section. The building boasts practical features including one loading dock, one drive-in door, and 12-15.5 foot ceilings. Three-phase electric service is available, and ample parking is provided for eight vehicles. The asking price is $410,000, translating to $67.59 per square foot. This property's combination of office and warehouse space, along with its convenient location in Ingham County, makes it an attractive prospect for various industrial and commercial uses. The property is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's specific needs. This is a rare opportunity to acquire a well-maintained industrial building in a desirable Lansing location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1960
    Total area 5,256 SF
    Lot 0.46 ac (20,038 SF)
    Zoning code H LT IN
    APN 33-01-01-05-276-061
    UPID US43-5174472
    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
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    Owner & transaction history
    Stahl Partners LLC · 1 yrs held
    Stahl Partners LLC
    since 2025
    Last sale
    $410,000
    3 recorded transactions
    2025
    $410,000
    2007
    $290,000
    2007
    $150,000
    Zoning & alternative use
    H LT IN · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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