3440 Dunckel RdLansing, MI 48911

  • Warehouses
  • 18,000 SF
For Sale
$2,460,000 View listing

Property Details for 3440 Dunckel Rd

Year built
2001
Lot size
1.87 AC
Property size (Sq ft)
18,000 SF
Zone code
C-2
Property type
Warehouses
APN
33-25-05-02-200-018
APU
33250502200018

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$33,519
$102,000
$577,200
$679,200
-
$204,000
$1,154,400
$1,358,400

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