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16980 Wood Street

Off-Market

16980 Wood Street, Lansing, MI 48906

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  • Property Type Industrial - Manufacturing
  • Property Size 41,385 SF
  • Lot Size 5.13 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1978

Location

  • Walk Score ® Car-Dependent (19)
  • Bike Score ® Somewhat Bikeable (33)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

3.82 miles

Tesla Destination Charger

0.44 miles

Sam's Club

0.50 miles

Lansing Supercharger

0.53 miles

Speedway

0.68 miles

Mobil

0.88 miles

Sunoco

0.97 miles

Sunoco

1.36 miles

Citgo

1.88 miles

Speedway

1.94 miles

Sunoco

2.04 miles

Lot 56

2.07 miles

Lot 8

2.50 miles

LCC Lot E6

2.55 miles

Lot A

2.59 miles

Lot B

2.65 miles

The Oaks

2.84 miles

Roosevelt Parking Ramp

2.88 miles

South Grand Ramp

2.94 miles

Capitol Lot

3.02 miles

Allegan Ramp

3.10 miles

Subway

0.36 miles

Boston's the Gormet Pizza

0.39 miles

Capital Prime

0.42 miles

Culver's

0.47 miles

Bravo

0.65 miles

Subway

0.66 miles

Mitchell's Fish Market

0.67 miles

Smokey Bones Bar & Fire Grill

0.71 miles

McAlister's Deli

0.71 miles

P.F. Chang's

0.74 miles

Walmart

0.30 miles

Sunripe Produce

0.96 miles

Kroger

1.09 miles

La Estrellita Supermercado

1.16 miles

Meijer

1.29 miles

Westlund's Apple Market

1.84 miles

Old Town General Store

2.00 miles

TJ Maxx

2.34 miles

Kroger

2.35 miles

Better Health Store

2.45 miles

DeWitt Township Fire Station

1.09 miles

Charter Township of Lansing Fire Station 52

1.58 miles

Lansing Fire Station #8

1.91 miles

Sparrow Medical Group, North

1.96 miles

Lansing Fire Station #2

2.09 miles

Sparrow FastCare

2.17 miles

Lansing Police North Precinct

2.18 miles

Walgreens

2.20 miles

Rite Aid

2.21 miles

Apothecary Pharmacy

2.40 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 $158,853
  • Current Tax $157,970
  • Market Value* $4,720,000
  • Assessed Value $4,720,000

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 16980 Wood Street?

16980 Wood Street totals 41,385 square feet.

When was this property built?

16980 Wood Street was built in 1978.

What is the market value for 16980 Wood Street?

The market value* for 16980 Wood Street in 2022 was $4,720,000.
*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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