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3850 Capital City Blvd 8,360 SF Specialty Building Offered at $400,000 in Lansing, MI 48906
EXECUTIVE SUMMARY
Outside Fenced-in Storage
Sale Includes Leasehold Estate with Capital Region Airport Authority (CRAA)
Annual lease payment of +/- $9,435 or $786/month
Situated on 0.77 Acres
Zoning: H-Light Industrial
Seeking an “Aviation related use” for a lease or purchase of the property
Aviation related use will most likely be required to extend the long-term ground lease with the Capital Region Airport Authority
Hangar/Warehouse:
5,760 SF (72’8” x 80’)
Steel Construction
Built in 1968
Fully Insulated
(2) Suspended Gas Heating Units
19’ Ceiling Clearance
(1) 14’ x 12’ Grade Level Door With Electric Opener
6” Cement Floors
(1) 15’9” High x 71” Wide Hanger Door Clearance
Access To Exterior Gated Parking/Storage Area
Office:
2,600 SF
Block Construction
Built in 1966
Heating and Air Conditioning Throughout
Private Entrance
(5) Offices; Conference Room; Kitchenette; Reception Area; (2) Single Stall Restrooms
Sale Includes Leasehold Estate with Capital Region Airport Authority (CRAA)
Annual lease payment of +/- $9,435 or $786/month
Situated on 0.77 Acres
Zoning: H-Light Industrial
Seeking an “Aviation related use” for a lease or purchase of the property
Aviation related use will most likely be required to extend the long-term ground lease with the Capital Region Airport Authority
Hangar/Warehouse:
5,760 SF (72’8” x 80’)
Steel Construction
Built in 1968
Fully Insulated
(2) Suspended Gas Heating Units
19’ Ceiling Clearance
(1) 14’ x 12’ Grade Level Door With Electric Opener
6” Cement Floors
(1) 15’9” High x 71” Wide Hanger Door Clearance
Access To Exterior Gated Parking/Storage Area
Office:
2,600 SF
Block Construction
Built in 1966
Heating and Air Conditioning Throughout
Private Entrance
(5) Offices; Conference Room; Kitchenette; Reception Area; (2) Single Stall Restrooms
PROPERTY FACTS
| Price | $400,000 | Lot Size | 0.77 AC |
| Price Per SF | $47.85 | Building Size | 8,360 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1968 |
| Property Subtype | Airplane Hangar | Parking Ratio | 11.96/1,000 SF |
| Building Class | C | ||
| Zoning | H-Light Industrial - Industrial Zoned District | ||
| Price | $400,000 |
| Price Per SF | $47.85 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Airplane Hangar |
| Building Class | C |
| Lot Size | 0.77 AC |
| Building Size | 8,360 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 11.96/1,000 SF |
| Zoning | H-Light Industrial - Industrial Zoned District |
AMENITIES
- Bus Line
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $166,200 (2025) | |
| Land Assessment | $0 (2025) | Total Assessment | $166,200 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 (2025)
Improvements Assessment
$166,200 (2025)
Total Assessment
$166,200 (2025)
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3850 Capital City Blvd
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