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4908 Contec Drive

Off-Market

4908 Contec Drive, Lansing, MI 48910

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 30,770 Sqft
  • Lot Size 2.21 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1999

Location

  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 24 Jan, 2020
  • Purchase Price $1,400,000
  • Arm's Length
  • 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 $42,863
  • Market Value $1,117,800
  • Assessed Value $1,117,800

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

Frequently Asked Questions

What is the total square footage of 4908 Contec Drive?

4908 Contec Drive totals 30,770 square feet.

When was this property built?

4908 Contec Drive was built in 1999.

When was 4908 Contec Drive last sold?

4908 Contec Drive was last sold on 24 Jan, 2020.

What was the last purchase price for 4908 Contec Drive?

4908 Contec Drive was last sold for $1,400,000.

What is the property tax for 4908 Contec Drive?

The property tax for 4908 Contec Drive in 2021 was $42,863.

What is the market value for 4908 Contec Drive?

The market value for 4908 Contec Drive in 2021 was $1,117,800.

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