5601 Enterprise DrLansing, MI 48911

Property Details for 5601 Enterprise Dr

Year built

1974

Lot size

2.79 AC

Property size (Sq ft)

48,750 SF

Zone code

I HVY

Property type

Warehouses

APN

33-01-05-03-426-018

APU

33010503426018

Description

This exceptional Ingham County office space, situated within an industrial park setting, offers a unique opportunity for businesses seeking flexible and modern accommodations. Currently, 3,576 square feet of vacant space is available, divisible into units as small as 1,146 square feet and expandable up to a contiguous 3,576 square feet. The property features a total of two suites, providing a smaller-scale, intimate business environment. Each suite includes private offices, a convenient conference room, and a fully equipped kitchenette, enhancing productivity and collaboration. The building's robust electrical infrastructure includes 3-phase, 440-volt power, suitable for a variety of business needs. This location in Ingham County offers easy access to key transportation routes and amenities, making it an ideal choice for companies seeking a blend of functionality and convenience. The available space presents a rare opportunity to secure a well-appointed office space in a desirable location, catering to businesses of varying sizes and operational requirements. The flexible layout allows for customization to meet specific business needs, ensuring a comfortable and productive work environment. The combination of private offices, shared amenities, and ample power supply makes this property a compelling option for businesses seeking a high-quality, efficient workspace. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $9,688,920

  6.5%

  $8,943,620

  7%

  $8,304,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,296,120

  Geo Method

  $7,296,120

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $4,065,060

  Mixed-Use / Specialty

  $3,639,860

  Hospitality / Lodging

  $2,135,720

  Office

  $3,190,460

  Institutional / Educational

  $3,637,200

  Residential Income

  $4,255,520

  Multifamily

  $7,380,720

  Automotive / Energy

  $3,117,600

  Parking / Income-Based Land

  $1,481,620

  Restaurant / Food Service

  $1,016,590

  Healthcare / Senior Housing

  $4,153,780

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.6769

Longitude

-84.5277

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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