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324 East South Street

Off-Market

324 East South Street, Lansing, MI 48910

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 28,737 SF
  • Lot Size 2.83 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2000

Location

  • Walk Score ® Very Walkable (79)
  • Transit Score ® Some Transit (39)
  • Bike Score ® Very Bikeable (73)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Points of Interest

East Lansing

2.67 miles

Mobil

0.84 miles

Greenlots

0.89 miles

ChargePoint

1.10 miles

Marathon

1.56 miles

Speedway

1.73 miles

Blink

2.35 miles

ChargePoint

2.89 miles

Mobil

3.09 miles

Marathon

3.21 miles

ChargePoint

3.51 miles

Allegan Ramp

1.08 miles

Lot B

1.12 miles

Lot 81

2.88 miles

Lot 74

3.03 miles

Albert Avenue Garage

3.50 miles

Lot 43

3.53 miles

Lot 10

3.58 miles

Lot 46

3.71 miles

Lot 2

3.88 miles

McNamara Landing

9.85 miles

Bowdie's Chop House

0.93 miles

Grand Avenue Market

1.32 miles

Meat BBQ

1.95 miles

Brody Square

2.81 miles

Jimmy John's

2.95 miles

INGcredible!

3.27 miles

Charlie Kang's

3.47 miles

El Azteco

3.59 miles

Big John Steak & Onion

3.99 miles

The Smoke 'N Pig BBQ

4.01 miles

REO Town Marketplace

0.24 miles

Lansing Market

1.11 miles

Iwacu International Supermarket

1.65 miles

Old Town General Store

1.89 miles

Great Giant Supermarket

1.92 miles

TJ Maxx

2.55 miles

Swagath Indian Groceries

2.58 miles

ZZ's Market

2.92 miles

Walmart

3.47 miles

Gordon Food Service

3.89 miles

McLaren Greater Lansing

1.13 miles

Sparrow Hospital

1.17 miles

Lansing Fire Station #1

1.18 miles

McLaren Orthopedic Hospital

1.31 miles

Community Mental Health Authority

1.36 miles

Shared Pregnancy Resource Center

1.39 miles

Rite Aid

1.47 miles

Apothecary Pharmacy

1.53 miles

Lansing Police North Precinct

1.54 miles

Sparrow Hospital - Saint Lawrence Campus

1.85 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.

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

Tax

  • Base Tax $32,096
  • Current Tax $27,357
  • Market Value* $843,200
  • Assessed Value $843,200

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 324 East South Street?

324 East South Street totals 28,737 square feet.

When was this property built?

324 East South Street was built in 2000.

What is the market value for 324 East South Street?

The market value* for 324 East South Street in 2022 was $843,200.
*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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