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5430 Enterprise Drive

Off-Market

5430 Enterprise Drive, Lansing, MI 48911

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 41,781 SF
  • Lot Size 4.02 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2004

Location

  • Walk Score ® Car-Dependent (22)
  • Transit Score ® Some Transit (31)
  • Bike Score ® Bikeable (52)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48911
  • Market Detroit

Points of Interest

East Lansing

3.37 miles

Mobil

0.95 miles

Speedway

1.47 miles

ChargePoint

1.52 miles

Marathon

2.24 miles

ChargePoint

2.97 miles

Mobil

3.22 miles

BP

3.29 miles

Mobil

3.70 miles

Marathon

3.93 miles

ChargePoint

4.15 miles

Lot 201

3.25 miles

Lot 74

3.72 miles

Lot B

3.83 miles

Lot 45

4.26 miles

Lot 62W

4.28 miles

Lot 62E

4.30 miles

Lot 22

4.52 miles

Lot 21

4.64 miles

Lot 8

4.67 miles

Grove Street Garage

4.78 miles

El Oasis

0.91 miles

SoCo + Q

3.01 miles

China Flavor

3.92 miles

Brody Square

4.14 miles

Backyard BBQ

4.85 miles

Old Town Diner

4.88 miles

Ukai

4.88 miles

Dunkin'

5.05 miles

Falsetta's Casa Nova

5.31 miles

INGcredible!

5.84 miles

ZZ's Market

0.84 miles

Queen Market

1.02 miles

Target

1.19 miles

Great Giant Supermarket

2.50 miles

Saint Ides Village Food

2.62 miles

REO Town Marketplace

3.27 miles

TJ Maxx

4.45 miles

Westlund's Apple Market

4.63 miles

Old Town General Store

4.89 miles

Sears Outlet

5.02 miles

Lansing Fire Station #4

0.56 miles

Lansing Urgent Care

1.02 miles

The GI Clinic

1.13 miles

McLaren Orthopedic Hospital

1.82 miles

Rite Aid

2.09 miles

Southside Urgent Care

2.14 miles

McLaren Greater Lansing

2.20 miles

McLaren Greater Lansing

2.23 miles

Central Pharmacy

2.36 miles

Advanced Medical Solutions, Inc.

2.52 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 08 Jan, 2015
  • 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

  • Base Tax $78,521
  • Current Tax $42,478
  • Market Value* $2,062,800
  • Assessed Value $2,062,800

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 5430 Enterprise Drive?

5430 Enterprise Drive totals 41,781 square feet.

When was this property built?

5430 Enterprise Drive was built in 2004.

When was 5430 Enterprise Drive last sold?

5430 Enterprise Drive was last sold on 08 Jan, 2015.

What is the market value for 5430 Enterprise Drive?

The market value* for 5430 Enterprise Drive in 2022 was $2,062,800.
*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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