919 Filley St Lansing, MI 48906
- Distribution centers
- 25,382 SF
- 1.10 lot acres
Current Use by Public Records
- Garden Project / Community Garden
- Spartan Lawn Care / Lawn Care Service
- M J Soffe / Sporting Goods Store
Property Details for 919 Filley St
- Year built
- 1955
- Lot size
- 1.10 lot acres
- Property size
- 25,382 SF
- Zone code
- I HVY
- Property type
- Distribution centers
- APN
- 33-01-01-05-426-002
- APU
- 33010105426002
Description
This exceptional Lansing, MI industrial property, located at 919 Filley St, 48906, offers a versatile space ideal for manufacturing, warehousing, or distribution needs. The single-story, 25,382 square foot building, constructed in 1955, features a free-span design with impressive 16-foot ceilings. The property boasts four drive-in doors and two dock-high doors, ensuring efficient loading and unloading. The floor is constructed of 4-inch concrete, providing a robust and durable surface. A wet fire suppression system is in place for enhanced safety. Electrical service includes 100-amp, 120/240-volt, 3-phase power. The property is zoned for industrial use and is currently entirely vacant, offering immediate occupancy for a single tenant or divisible spaces starting at 4,062 square feet. The building is situated in the northeast quadrant of North Grand River and Martin Luther King Jr. Boulevard, providing convenient access to major transportation routes. This property is also available for sale. Contact us today to learn more about leasing opportunities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,710,000
- 6.5%
- $1,525,000
- 7%
- $1,680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,265,000
- Geo Method
- $1,550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,635,000
- Retail
- $1,800,000
- Mixed-Use
- $1,690,000
- Hospitality
- $1,615,000
- Educational
- $1,695,000
- Residential Income
- $1,615,000
- Energy
- $1,750,000
- Income-Based Land
- $1,505,000
- Food Service
- $1,340,000
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5645
- Latitude
- 42.7623
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
