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5018 Empire Way

Off-Market

5018 Empire Way, Lansing, MI 48917

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 49,093 SF
  • Lot Size 6.51 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1997

Location

  • Walk Score ® Car-Dependent (21)
  • Bike Score ® Somewhat Bikeable (35)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48917
  • Market Detroit

Points of Interest

East Lansing

8.08 miles

Pacific Pride

0.43 miles

Marathon

0.98 miles

Mobil

2.24 miles

Sunoco

2.27 miles

Marathon

2.42 miles

Marathon

2.50 miles

Speedway

2.96 miles

Shell

3.01 miles

Shell

3.06 miles

Speedway

3.17 miles

Anderson Park 2

1.44 miles

car parking

4.79 miles

Parking and Drivers Education Practice Lot

4.80 miles

car parking

4.90 miles

Butler Lot

5.33 miles

Hall of Justice West Ramp

5.39 miles

Hall of Justice Surface Lot

5.39 miles

Hall of Justice East Ramp

5.43 miles

Pine Lot

5.45 miles

State Visitor Parking

5.48 miles

Wendy's

0.09 miles

Arby's

0.11 miles

Tony M's Restaurant & Lounge

0.93 miles

Fireside Grill

1.38 miles

Crazy Crab / China Palace II

2.33 miles

Siraj Bakery & Grill

2.33 miles

Wally's Fish & Chicken

2.39 miles

Capitol City Soul Food

2.46 miles

Subway

2.49 miles

Main Street Pizza

2.58 miles

SaveMore Meat and Dairy Market

2.23 miles

Bo Bo Asian Grocery Store

2.34 miles

Carl's Super Market

2.55 miles

Saint Ides Village Food

3.33 miles

Sears Outlet

3.60 miles

Gift & Bible / Diane's Halmark / Teaching Center

3.85 miles

Once Apon a Child

3.88 miles

Target

3.88 miles

ALDI

3.93 miles

Great Giant Supermarket

3.98 miles

State Police Post

1.17 miles

Wilcox Pharmacy

2.55 miles

Windsor Charter Township Emergency Services Building

2.60 miles

Arch Physical & Sports Therapy

3.18 miles

Station 6

3.33 miles

Southside Urgent Care

3.81 miles

CVS Pharmacy

3.90 miles

Walgreens

3.94 miles

CVS Pharmacy

3.97 miles

Meijer Pharmacy

4.06 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 22 Jul, 2011
  • 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

  • Property Tax in 2022 $49,034
  • Market Value* $1,708,738
  • Assessed Value $1,708,738

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 5018 Empire Way?

5018 Empire Way totals 49,093 square feet.

When was this property built?

5018 Empire Way was built in 1997.

When was 5018 Empire Way last sold?

5018 Empire Way was last sold on 22 Jul, 2011.

What is the property tax for 5018 Empire Way?

The property tax for 5018 Empire Way in 2022 was $49,034.

What is the market value for 5018 Empire Way?

The market value* for 5018 Empire Way in 2022 was $1,708,738.
*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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