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5635 Commerce Street

Off-Market

5635 Commerce Street, Lansing, MI 48911

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 39,236 SF
  • Lot Size 2.42 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1986

Location

  • Walk Score ® Car-Dependent (27)
  • Transit Score ® Some Transit (36)
  • Bike Score ® Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48911
  • Market Detroit

Points of Interest

East Lansing

3.57 miles

Citgo

2.17 miles

ChargePoint

3.20 miles

Marathon

3.84 miles

Clipper Creek

3.85 miles

Greenlots

4.07 miles

ChargePoint

4.25 miles

ChargePoint

4.65 miles

Eaton

4.79 miles

Marathon

5.18 miles

Eaton

5.36 miles

Lot 201

3.40 miles

Lot 95

3.89 miles

Lot 73

3.95 miles

Lot 78

4.12 miles

Lot 48W

4.17 miles

Pine Lot

4.23 miles

Lot 113

4.60 miles

Ramp 3 (Lot 19)

4.66 miles

Lot 24

4.75 miles

Charles Street Garage

4.93 miles

Falafel Time

0.50 miles

Luzu's Tamales

0.76 miles

Wendy's

0.99 miles

Domino's

2.31 miles

McDonald's

3.18 miles

Frosty Korner

3.34 miles

Green Dot Stables

3.98 miles

New Daily Bagel

4.06 miles

Grand Traverse Pie Company

4.17 miles

Ninta's Cocina

4.18 miles

American International

0.47 miles

Meijer

0.63 miles

Queen Market

0.85 miles

ZZ's Market

0.86 miles

Target

1.00 miles

Stock+Field

1.18 miles

Dong An Market

2.16 miles

REO Town Marketplace

3.48 miles

Better Health Store

4.45 miles

Old Town General Store

5.11 miles

Lansing Fire Station #4

0.33 miles

NovaCare Rehabilitation

0.51 miles

Lansing Urgent Care

1.11 miles

NovaCare Rehabilitation

1.43 miles

Central Pharmacy

1.49 miles

Sparrow Laboratory

1.51 miles

Medilodge of Capital Area

1.57 miles

Rite Aid

1.87 miles

CVS Pharmacy

1.87 miles

McLaren Orthopedic Hospital

2.04 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 $61,528
  • Current Tax $59,524
  • Market Value* $1,616,400
  • Assessed Value $1,616,400

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 5635 Commerce Street?

5635 Commerce Street totals 39,236 square feet.

When was this property built?

5635 Commerce Street was built in 1986.

What is the market value for 5635 Commerce Street?

The market value* for 5635 Commerce Street in 2022 was $1,616,400.
*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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