1335 Diamond Reo Way

1335 Diamond Reo Way, Lansing, MI 48910

Off-Market

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  • Property Type Industrial - Manufacturing
  • Property Size 39,320 SF
  • Lot Size 5.29 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1998

Location

  • Walk Score ® Very Walkable (75)
  • Transit Score ® Some Transit (39)
  • Bike Score ® Very Bikeable (74)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Points of Interest

Transportation

East Lansing

2.66 miles

Fuel station

ChargePoint

0.20 miles

Admiral

0.32 miles

ChargePoint

0.69 miles

ChargePoint

1.18 miles

Sunoco

1.34 miles

Blink

2.30 miles

Sunoco

2.50 miles

Marathon

2.62 miles

ChargePoint

2.91 miles

ChargePoint

3.23 miles

Parking

Lot 56

1.96 miles

Islamic Center of East Lansing Parking Lot

2.76 miles

Lot 88

3.33 miles

Ramp 2 (Lot 12)

3.56 miles

Lot 10

3.59 miles

Lot 44

3.64 miles

Bailey Street Parking

3.78 miles

Lot 22

3.94 miles

Lot 32

4.20 miles

McNamara Landing

9.76 miles

Restaurants

Palace of Jamaica

0.76 miles

Wendy's

0.77 miles

Mediteran Cafe and Catering

1.14 miles

McDonald's

1.58 miles

Sparty's Kabob

2.72 miles

Domino's

2.76 miles

Brody Square

2.83 miles

Gregory's Soul Food

2.95 miles

King Subs

3.08 miles

Subway

3.51 miles

Stores

REO Town Marketplace

0.32 miles

Kroger

1.84 miles

Old Town General Store

1.98 miles

Dong An Market

2.24 miles

Westlund's Apple Market

2.32 miles

Swagath Indian Groceries

2.58 miles

Better Asian Mart

2.74 miles

Asean Food Mart

2.77 miles

Sears Outlet

2.94 miles

American International

3.37 miles

Safety

Rite Aid

0.97 miles

McLaren Greater Lansing

1.04 miles

Sparrow Pharmacy Plus

1.22 miles

McLaren Orthopedic Hospital

1.22 miles

Sparrow Hospital

1.25 miles

Lansing Fire Station #1

1.28 miles

Community Mental Health Authority

1.45 miles

Lansing Police North Precinct

1.63 miles

Cental Pharmacy

1.82 miles

Sparrow Hospital - Saint Lawrence Campus

1.93 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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 $75,559
  • Current Tax $69,541
  • Market Value* $1,985,000
  • Assessed Value $1,985,000

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 1335 Diamond Reo Way?

1335 Diamond Reo Way totals 39,320 square feet.

When was this property built?

1335 Diamond Reo Way was built in 1998.

What is the market value for 1335 Diamond Reo Way?

The market value* for 1335 Diamond Reo Way in 2022 was $1,985,000.
*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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