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1120 May Street & 1201 East Saginaw Street

Off-Market

1120 May Street, Lansing, MI 48906

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 33,078 SF
  • Lot Size 1.42 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1952

Location

  • Walk Score ® Very Walkable (74)
  • Transit Score ® Some Transit (37)
  • Bike Score ® Bikeable (62)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

2.54 miles

Eaton

1.00 miles

Marathon

1.30 miles

Clipper Creek

1.45 miles

ChargePoint

1.78 miles

Lansing Supercharger

1.99 miles

ChargePoint

2.61 miles

Marathon

2.65 miles

ChargePoint

3.29 miles

Blink

3.93 miles

Shell

4.07 miles

Roosevelt Parking Ramp

1.11 miles

State Visitor Parking

1.56 miles

Hall of Justice Surface Lot

1.68 miles

Lot 71

2.56 miles

Albert Avenue Garage

2.67 miles

Lot 82

2.76 miles

Charles Street Garage

2.82 miles

Lot 42

3.14 miles

Lot 54

3.48 miles

Lot 29

3.84 miles

Subway

0.72 miles

Tannin

0.74 miles

Sir Pizza

0.86 miles

Anqi Sushi Express

1.06 miles

Amanecer Mexicano

1.10 miles

Subway

1.16 miles

McAlister's Deli

1.80 miles

Maru Sushi & Grill

2.06 miles

Brody Square

2.13 miles

Beggar's Banquet

2.64 miles

Old Town General Store

0.74 miles

La Estrellita Supermercado

1.34 miles

REO Town Marketplace

1.61 miles

Walmart

1.80 miles

Fresh Thyme

2.51 miles

Viet Thai Market

3.62 miles

Dong An Market

3.99 miles

Whole Foods Market

4.27 miles

Asean Food Mart

4.35 miles

Meijer

4.54 miles

Lansing Police North Precinct

0.36 miles

Sparrow Hospital

0.55 miles

Sparrow Pharmacy Plus

0.62 miles

Lansing Fire Station #1

0.90 miles

Charter Township of Lansing Fire Station 52

1.18 miles

Community Mental Health Authority

1.34 miles

Sparrow FastCare

1.37 miles

Rite Aid

1.61 miles

Lansing Fire Station #2

1.66 miles

Sparrow Hospital - Saint Lawrence Campus

1.73 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 01 Oct, 2003
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Lansing

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Lansing Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $20.61
  • 2020 Office Vacancy Rate 9.80%
  • 2020 Office Completions (SF)
View more Lansing market trends

Tax

  • Base Tax $32,005
  • Current Tax $14,873
  • Market Value* $840,800
  • Assessed Value $840,800

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1120 May Street & 1201 East Saginaw Street?

1120 May Street & 1201 East Saginaw Street totals 33,078 square feet.

When was this property built?

1120 May Street & 1201 East Saginaw Street was built in 1952.

When was 1120 May Street & 1201 East Saginaw Street last sold?

1120 May Street & 1201 East Saginaw Street was last sold on 01 Oct, 2003.

What is the market value for 1120 May Street & 1201 East Saginaw Street?

The market value* for 1120 May Street & 1201 East Saginaw Street in 2022 was $840,800.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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