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2727 Prospect Street

Off-Market

2727 Prospect Street, Lansing, MI 48912

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  • Property Type Industrial
  • Property Size 32,352 Sqft
  • Lot Size 3.41 Acre
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1969

Location

  • City Lansing, MI
  • Zip Code 48912
  • Market Detroit

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
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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.

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

Tax

  • Property Tax in 2021 $26,683
  • Market Value $789,000
  • Assessed Value $789,000

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

Frequently Asked Questions

What is the total square footage of 2727 Prospect Street?

2727 Prospect Street totals 32,352 square feet.

When was this property built?

2727 Prospect Street was built in 1969.

What is the property tax for 2727 Prospect Street?

The property tax for 2727 Prospect Street in 2021 was $26,683.

What is the market value for 2727 Prospect Street?

The market value for 2727 Prospect Street in 2021 was $789,000.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.