1137 Haco DrLansing, MI 48912

Property Details for 1137 Haco Dr

Year built

1928

Lot size

1.28 AC

Property size (Sq ft)

18,941 SF

Zone code

H LT IN

Property type

Warehouses

APN

33-01-01-22-176-032

APU

33010122176032

Description

This exceptional 18,491-square-foot industrial property, located at 1137 Haco Drive in Lansing, Michigan, presents a unique opportunity for businesses seeking flexible warehouse or shop space. The building, constructed in 1928, sits on a 1.28-acre lot (APN 33-01-01-22-176-032) and is zoned H - Light Industrial. The entire space is currently vacant and available for immediate occupancy. The property features a minimum divisible space of 3,000 square feet, allowing for flexibility in tenant needs, with a maximum contiguous space of 18,491 square feet for a single tenant. The building boasts an 8-foot ceiling height. Its prime location offers convenient access to I-496, providing easy connectivity to the greater Lansing region and beyond. The property is situated in a desirable industrial park setting on the north side of Haco Drive, offering a clean and functional workspace. This versatile space is ideal for a variety of industrial and flex uses. The property's size and location make it an attractive option for businesses seeking a strategic foothold in the Lansing market. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,764,470

  6.5%

  $3,474,900

  7%

  $3,226,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,834,790

  Geo Method

  $2,834,790

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,579,410

  Mixed-Use / Specialty

  $1,414,210

  Hospitality / Lodging

  $829,800

  Office

  $1,239,600

  Institutional / Educational

  $1,413,170

  Residential Income

  $1,653,410

  Multifamily

  $2,867,660

  Automotive / Energy

  $1,211,290

  Parking / Income-Based Land

  $575,657

  Restaurant / Food Service

  $394,980

  Healthcare / Senior Housing

  $1,613,880

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7216

Longitude

-84.5362

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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