This exceptional industrial investment property, located at 3440 Dunckel Rd, Lansing, MI 48911, presents a compelling opportunity for discerning investors. The 25,000 square foot Class B warehouse, built in 2001, sits on a 1.99-acre lot and boasts a desirable C-2 zoning designation. The property features 24-foot ceilings, providing ample vertical space for various uses. Loading and unloading are facilitated by two loading docks and two dock-high doors. Ample parking is available with 30 spaces provided on-site. The building is well-maintained and currently features a single tenant. The asking price is $2,460,000, representing a strong 6.00% capitalization rate. The property's Ingham County location offers convenient access to major transportation routes and a robust local economy. This is a rare opportunity to acquire a well-located, income-producing industrial asset with significant upside potential. The property's features include a 600 amp, 3-phase electrical service and a fully sprinklered system. The APN is 25-05-02-200-018. This property is offered for sale by owner.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,288,886
Hospitality
$1,180,613
Educational
$982,256
Medical
$1,016,037
Retail
$1,527,954
Location Insight
City
Lansing
County
Ingham
State
Michigan
Latitude
42.6801
Longitude
-84.5129
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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