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1721 N Grand River Ave
Lansing, MI 48906
 1721 Building · Industrial Property For Sale

Warehouses Michigan Lansing 1721 N Grand River Ave, Lansing, MI 48906

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INVESTMENT HIGHLIGHTS

  • Located in an Opportunity Zone, offering potential tax benefits
  • Just 2.5 miles from Capital Region International Airport
  • 22,420 square feet of industrial space with flexible use options

EXECUTIVE SUMMARY

Investment or redevelopment opportunity in North Lansing industrial pocket. Located in opportunity zone - Urban Playzone: North Cedar/Larch Corridor. 2.5 miles from Capital Region International Airport. National high-credit tenant who has occupied building for nearly two decades. Lease expires end of 2027.

PROPERTY FACTS

Sale Type Investment NNN Year Built 1957
Property Type Industrial Parking Ratio 4.55/1,000 SF
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • FlexLight Distribution
 Clear Ceiling Height 12’
Building Class C No. Dock-High Doors/Loading 2
Lot Size 2.15 AC No. Drive In / Grade-Level Doors 1
Rentable Building Area 22,420 SF Cross Streets Grand River Ave. and Turner Street
No. Stories 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning I HVY - Industrial
Sale Type Investment NNN
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • FlexLight Distribution
Building Class C
Lot Size 2.15 AC
Rentable Building Area 22,420 SF
No. Stories 1
Year Built 1957
Parking Ratio 4.55/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Cross Streets Grand River Ave. and Turner Street
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning I HVY - Industrial

AMENITIES

  • Bio-Tech/ Lab Space
  • Signage
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

Parcel Number 01-01-09-102-081 Improvements Assessment $623,700
Land Assessment $134,200 Total Assessment $757,900

PROPERTY TAXES

Parcel Number
01-01-09-102-081
Land Assessment
$134,200
Improvements Assessment
$623,700
Total Assessment
$757,900
 

  • Listing ID: 35595626

  • Date on Market: 4/22/2025

  • Last Updated:

  • Address: 1721 N Grand River Ave, Lansing, MI 48906

More public record information on 1721 N Grand River Ave, Lansing, MI 48906

The Turner-Dodge Industrial Property at 1721 N Grand River Ave, Lansing, MI 48906 is currently available. Contact Plante Moran Realpoint for more information.

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