4700 Grand River AveLansing, MI 48906

  • Warehouses
  • 13,822 SF
For Sale
$750,000 View listing

Property Details for 4700 Grand River Ave

Year built
1967
Lot size
2.58 AC
Property size (Sq ft)
13,822 SF
Zone code
MIXED Z
Property type
Warehouses
APN
33-01-01-06-126-021
APU
33010106126021

Description

This exceptional 13,822-square-foot industrial property, located at 4700 N Grand River Ave in Lansing, Michigan, presents a compelling value-add investment opportunity. The single-story, 2004-built building sits on a 2.58-acre lot, offering significant potential for expansion and ample outdoor storage. Currently vacant with an occupancy date of May 1, 2024, this property is zoned for mixed use. The building features a ceiling height ranging from 13 to 16 feet and boasts substantial electrical capacity, including 240V 3-phase power panels with 225 amp and 400 amp service. The building is fully fire suppressed and offers a wide-open floor plan, ideal for various industrial uses including distribution and manufacturing. The asking price is $750,000, translating to $54.26 per square foot. This NNN-lease property is being offered for sale by owner and presents a unique chance to acquire a well-located industrial asset with significant upside potential. The property is conveniently located in Ingham County, Michigan, with the zip code 48906. While there are no loading docks or dock-high doors currently, the expansive lot and flexible zoning provide considerable room for future improvements and customization to meet specific operational needs.

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.7687
Longitude
-84.5934
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
2020
$23,181
$245,200
$335,500
$580,700
-
$490,400
$671,000
$1,161,400

FAQs

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