4055 English Oak DrLansing, MI 48911

Property Details for 4055 English Oak Dr

Year built

2009

Property size (Sq ft)

30,375 SF

Zone code

A-1

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

33-25-05-93-030-101

APU

33250593030101

Description

This exceptional 14,500 square foot research and development space is immediately available for lease within the prestigious Oakwood Executive Park. Located in a single-story, 30,375 square foot Class B building constructed in 2003, this property offers a unique opportunity for a variety of research-oriented businesses. The space boasts high ceilings ranging from 20 to 27 feet, providing ample room for specialized equipment and operations. Previously configured as a laboratory, the space includes complete climate control, strategically placed air compressor and water lines, and finished office areas, ready for immediate occupancy. The building features one loading dock for efficient material handling and is equipped with 3-phase 480-volt power. The property sits on a 3.71-acre lot and is zoned A-1 within Ingham County. The building is multi-tenant, with two other established businesses as neighbors: Stafford-Smith Inc. and Clean Team USA. The minimum divisible space is 14,500 square feet, making it ideal for a single tenant seeking a substantial footprint. This well-maintained property offers a blend of functionality and convenience, situated within a thriving business park. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,356,245

  6.5%

  $2,174,996

  7%

  $2,019,639

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,403,980

  Geo Method

  $4,403,980

• Alternative Use

  Use

  Valuation

  Residential

  $2,174,996

  Hospitality

  $1,992,284

  Educational

  $1,657,557

  Medical

  $1,714,563

  Retail

  $2,578,422

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.6724

Longitude

-84.5068

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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