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3030 South Martin Luther King Jr. Blvd

Off-Market

3030 South Martin Luther King Jr. Blvd, Lansing, MI 48910

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  • Property Type Industrial - Manufacturing
  • Property Size 208,400 SF
  • Lot Size 20.58 Acre
  • Parking Spaces Avail. 31
  • Parking Ratio 0.15 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1923

Location

  • Walk Score ® Somewhat Walkable (59)
  • Transit Score ® Some Transit (33)
  • Bike Score ® Bikeable (51)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Points of Interest

East Lansing

3.91 miles

Kroger Fuel

0.38 miles

ChargePoint

1.50 miles

Shell

1.93 miles

ChargePoint

2.00 miles

Greenlots

2.46 miles

Marathon

2.72 miles

Eaton

2.82 miles

Sunoco

3.20 miles

bosch

4.08 miles

Speedway

4.56 miles

State Visitor Parking

2.17 miles

Lot 82

4.15 miles

Lot 58

4.59 miles

Ramp 5 (Lot 102)

4.66 miles

Lot 42

4.87 miles

Albert Avenue Garage

4.97 miles

Lot 54

5.08 miles

car parking

5.61 miles

Lot 29

5.62 miles

Staff Parking Lot

8.60 miles

Mr. Taco

0.10 miles

Jimmy John's

2.29 miles

Anqi Sushi Express

2.31 miles

Subway

3.10 miles

Sir Pizza

3.30 miles

Aldaco's Taco Bar

3.33 miles

The Creole Burger Bar & Southern Kitchen

3.34 miles

Sparty's Coney Island

3.93 miles

Conrad's Grill

4.06 miles

Lansing Mall Food Court

4.16 miles

Dong An Market

0.85 miles

REO Town Marketplace

1.66 miles

Asean Food Mart

2.21 miles

International Food Mart

2.56 miles

Stock+Field

3.03 miles

Old Town General Store

3.32 miles

Better Health Store

3.88 miles

Fresh Thyme

3.99 miles

Lansing Mall

4.11 miles

JCPenney

4.12 miles

Walgreens

0.34 miles

McLaren Greater Lansing

0.76 miles

Rite Aid

1.11 miles

CVS Pharmacy

1.34 miles

Lansing Urgent Care

1.67 miles

Walgreens

1.69 miles

McLaren Orthopedic Hospital

1.72 miles

Medilodge of Capital Area

2.47 miles

Community Mental Health Authority

2.50 miles

Lansing Township Police

2.50 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 29 Dec, 1992
  • 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 (SF)
View more Lansing market trends

Tax

  • Base Tax $74,920
  • Current Tax $49,623
  • Market Value* $1,968,200
  • Assessed Value $1,968,200

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 3030 South Martin Luther King Jr. Blvd?

3030 South Martin Luther King Jr. Blvd totals 208,400 square feet.

When was this property built?

3030 South Martin Luther King Jr. Blvd was built in 1923.

When was 3030 South Martin Luther King Jr. Blvd last sold?

3030 South Martin Luther King Jr. Blvd was last sold on 29 Dec, 1992.

What is the market value for 3030 South Martin Luther King Jr. Blvd?

The market value* for 3030 South Martin Luther King Jr. Blvd in 2022 was $1,968,200.
*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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