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921 Terminal Rd 5,000 SF Industrial Building Lansing, MI 48906 $399,000 ($79.80/SF)
Investment Highlights
- Convenient access to major highways, including I-96 and I-496, supporting regional and statewide connectivity.
- Recent mechanical and electrical updates to support immediate operational needs.
- Located within a dynamic business environment with ready access to workforce and services.
- Single-story industrial building with adaptable space for storage, light manufacturing, or service operations.
- Situated in an established light industrial zone near downtown Lansing and primary transportation routes.
Executive Summary
This industrial facility at 921 Terminal Rd provides an exceptional owner-user or investment opportunity in Lansing’s established business corridor. Constructed in 1960, the property is situated on a 0.43-acre lot and offers a single-story layout with versatile functional space for a range of industrial or flex uses. Featuring recent upgrades in electrical and mechanical systems, the building accommodates operational reliability while minimizing upfront capital requirements for occupants or investors.
Its location just minutes from downtown Lansing ensures excellent access to major regional roadways, including I-96, I-496, and US-127, providing connectivity to Michigan’s principal commercial markets. Additionally, the property benefits from proximity to Lansing’s thriving industrial and transportation network, including nearby carriers and distribution points. Positioned near essential services and urban amenities, this facility is an attractive option for businesses seeking operational efficiency and strong logistic advantages.
Its location just minutes from downtown Lansing ensures excellent access to major regional roadways, including I-96, I-496, and US-127, providing connectivity to Michigan’s principal commercial markets. Additionally, the property benefits from proximity to Lansing’s thriving industrial and transportation network, including nearby carriers and distribution points. Positioned near essential services and urban amenities, this facility is an attractive option for businesses seeking operational efficiency and strong logistic advantages.
Property Facts
| Price | $399,000 | No. Stories | 1 |
| Price Per SF | $79.80 | Year Built | 1960 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.21/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 13’8” |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.43 AC | Cross Streets | Martin Luther King Jr Blvd and Gran |
| Rentable Building Area | 5,000 SF | ||
| Zoning | H LT IN - Industrial Zoned District | ||
| Price | $399,000 |
| Price Per SF | $79.80 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.43 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 4.21/1,000 SF |
| Clear Ceiling Height | 13’8” |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | Martin Luther King Jr Blvd and Gran |
| Zoning | H LT IN - Industrial Zoned District |
Amenities
- Fenced Lot
- Signage
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
- Backup Power / Generators
Utilities
- Water - City
- Sewer - City
- Heating - Electric
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01-01-05-276-211 | Improvements Assessment | $109,800 |
| Land Assessment | $13,700 | Total Assessment | $123,500 |
Property Taxes
Parcel Number
01-01-05-276-211
Land Assessment
$13,700
Improvements Assessment
$109,800
Total Assessment
$123,500
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