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530 West Willow Street

Off-Market

530 West Willow Street, Lansing, MI 48906

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 163,397 SF
  • Lot Size 18.67 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1957

Location

  • Walk Score ® Very Walkable (83)
  • Transit Score ® Some Transit (41)
  • Bike Score ® Very Bikeable (88)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

3.83 miles

Eaton

0.58 miles

ChargePoint

1.28 miles

Greenlots

1.39 miles

Clipper Creek

1.52 miles

ChargePoint

2.01 miles

Citgo

2.14 miles

Valero

2.54 miles

GE

3.49 miles

Eaton

3.90 miles

Admiral Petroleum

4.78 miles

Employee Parking

1.26 miles

The Oaks

3.17 miles

Lot 57

4.22 miles

Lot 8

4.33 miles

Lot 52

4.39 miles

Ramp 5 (Lot 102)

4.40 miles

Lot 25

4.78 miles

Lot 30

5.05 miles

visitor parking

5.07 miles

Lot 91

5.25 miles

Empire Szechuan, Fine Asian Cuisine

1.16 miles

New Daily Bagel

1.30 miles

Goodfellas Bagel Deli

1.32 miles

Mo's Hot Wings

1.41 miles

Max & Erma's

2.41 miles

Capital Prime

2.47 miles

Hongkong House

2.84 miles

Applebee's

3.45 miles

Brody Square

3.46 miles

Lansing Mall Food Court

3.53 miles

Old Town General Store

0.61 miles

Gorman's Food Market

1.07 miles

Sunripe Produce

1.55 miles

REO Town Marketplace

1.88 miles

TJ Maxx

2.82 miles

JCPenney

3.46 miles

Lansing Mall

3.49 miles

TJ Maxx

3.54 miles

Target

3.60 miles

Once Apon a Child

3.86 miles

Lansing Fire Station #2

0.55 miles

Rite Aid

0.68 miles

Sparrow Hospital - Saint Lawrence Campus

0.69 miles

Lansing Police North Precinct

1.01 miles

Sparrow Hospital

1.58 miles

Lansing Township Police

2.01 miles

Rite Aid

2.19 miles

Your Pharmacy

2.29 miles

Charter Township of Lansing Fire Station 52

2.33 miles

DeWitt Township Fire Station

2.42 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 27 Jun, 2008
  • 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 $195,191
  • Current Tax $145,726
  • Market Value* $5,127,800
  • Assessed Value $5,127,800

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 530 West Willow Street?

530 West Willow Street totals 163,397 square feet.

When was this property built?

530 West Willow Street was built in 1957.

When was 530 West Willow Street last sold?

530 West Willow Street was last sold on 27 Jun, 2008.

What is the market value for 530 West Willow Street?

The market value* for 530 West Willow Street in 2022 was $5,127,800.
*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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