1121 River Street

Off-Market

1121 River Street, Lansing, MI 48912

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 36,484 SF
  • Lot Size 1.4 Acre
  • Parking Spaces Avail. 49
  • Parking Ratio 1.37 / 1,000 SF
  • Building Class B
  • Year Built 1949

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 20 Sep, 2019
  • 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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Lansing Office Market

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

  • 2021 Avg. Asking Rent $20.36
  • 2021 Office Vacancy Rate 11.06%
  • 2021 Office Completions (SF)
View more Lansing market trends

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48912
  • Market Detroit

Points of Interest

  • East Lansing

    2.58 miles

  • Admiral

    0.13 miles

  • ChargePoint

    0.29 miles

  • Sunoco

    0.48 miles

  • BP

    0.49 miles

  • ChargePoint

    0.59 miles

  • Clipper Creek

    0.60 miles

  • Mobil

    0.73 miles

  • Marathon

    0.75 miles

  • Marathon

    0.79 miles

  • Greenlots

    0.79 miles

  • 320 South Capitol Ramp

    0.77 miles

  • South Grand Ramp

    0.82 miles

  • Employee Parking

    0.92 miles

  • Capitol Lot

    1.00 miles

  • Lot B

    1.00 miles

  • Lot A

    1.03 miles

  • Pine Lot

    1.05 miles

  • Allegan Ramp

    1.06 miles

  • Roosevelt Parking Ramp

    1.09 miles

  • Butler Lot

    1.10 miles

  • Gumps BBQ

    0.04 miles

  • Saddleback BBQ

    0.28 miles

  • Good Truckn' Diner

    0.28 miles

  • Rusty Mug Bar & Grill

    0.32 miles

  • Corey's Food & Cocktails

    0.34 miles

  • The Brunch House

    0.44 miles

  • Wendy's

    0.59 miles

  • Palace of Jamaica

    0.63 miles

  • Mo's Hot Wings

    0.63 miles

  • Thai Village

    0.68 miles

  • REO Town Marketplace

    0.29 miles

  • Don Pancho Market

    0.80 miles

  • Capital City Market

    0.85 miles

  • Lansing Market

    1.23 miles

  • Iwacu International Supermarket

    1.73 miles

  • Old Town General Store

    1.81 miles

  • Kroger

    2.03 miles

  • Great Giant Supermarket

    2.04 miles

  • Viet Thai Market

    2.08 miles

  • Westlund's Apple Market

    2.13 miles

  • Central Pharmacy

    0.76 miles

  • Rite Aid

    0.96 miles

  • Sparrow Pharmacy Plus

    1.03 miles

  • Sparrow Hospital

    1.06 miles

  • Lansing Fire Station #1

    1.12 miles

  • Rite Aid

    1.14 miles

  • McLaren Greater Lansing

    1.23 miles

  • McLaren Orthopedic Hospital

    1.33 miles

  • Community Mental Health Authority

    1.34 miles

  • Shared Pregnancy Resource Center

    1.35 miles

Frequently Asked Questions

What is the total square footage of 1121 River Street?

1121 River Street totals 36,484 square feet.

When was this property built?

1121 River Street was built in 1949.

When was 1121 River Street last sold?

1121 River Street was last sold on 20 Sep, 2019.

What is the market value for 1121 River Street?

The market value* for 1121 River Street in 2022 was $1,300,000.
*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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