4063 Grand Oak DrLansing, MI 48911
- Industrial properties
- 31,090 SF
Property Details for 4063 Grand Oak Dr
- Year built
- 2006
- Lot size
- 2.49 AC
- Property size (Sq ft)
- 31,090 SF
- Zone code
- H LT IN
- Property type
- Industrial properties
- Property subtype
- Loft space
- APN
- 33-01-05-02-471-063
- APU
- 33010502471063
Description
This exceptional industrial/flex property, located in the prestigious Oakwood Executive Park at 4063 Grand Oak Drive, offers 21,594 square feet of immediately available space, divisible to a minimum of 5,000 square feet. Built in 2006, this single-story building sits on a 2.49-acre lot and boasts a 17-foot ceiling height, ideal for various industrial and flex uses. The property features convenient access with three drive-in doors and one enclosed loading dock, ensuring efficient loading and unloading operations. Separate pedestrian entrances provide convenient access for employees and visitors. Ample parking is available with approximately 50 spaces. The property is equipped with 3-phase, 480-volt power. The zoning is designated as H LT IN, and the Assessor's Parcel Number (APN) is 33-01-05-02-471-063. The cross street is Pine Tree Rd. This property presents a unique opportunity for businesses seeking a functional and well-located industrial or flex space in a desirable business park setting. The large contiguous space and flexible divisibility make it suitable for a wide range of tenants. Don't miss this chance to secure your ideal workspace.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,411,709
- 6.5%
- $2,226,193
- 7%
- $2,067,179
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,507,646
- Geo Method
- $4,507,646
-
Alternative Use
- Use
- Valuation
- Residential
- $2,226,193
- Hospitality
- $2,039,181
- Educational
- $1,696,574
- Medical
- $1,754,922
- Retail
- $2,639,116
Location Insight
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Latitude
- 42.6713
- Longitude
- -84.5062
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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