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5867 Grand River Avenue

Off-Market

5867 Grand River Avenue, Lansing, MI 48906

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  • Property Type Industrial - Manufacturing
  • Property Size 44,130 SF
  • Lot Size 6.13 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1976

Location

  • Walk Score ® Car-Dependent (10)
  • Bike Score ® Somewhat Bikeable (24)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

8.38 miles

Pacific Pride

1.19 miles

Flying J

2.02 miles

Marathon

2.10 miles

bosch

2.37 miles

Kroger Fuel

2.56 miles

GE

2.58 miles

Speedway

2.61 miles

Tesla Destination Charger

2.61 miles

ChargePoint

2.68 miles

Speedway

2.72 miles

Capital Airport Parking

2.59 miles

Cellphone Lot @ LAN

2.79 miles

car parking

4.06 miles

truck parking

4.08 miles

Hall of Justice Surface Lot

4.85 miles

Hall of Justice West Ramp

4.85 miles

Hall of Justice East Ramp

4.89 miles

Ottawa Surface Lot

4.97 miles

State Visitor Parking

5.00 miles

Allegan Surface Lot

5.02 miles

McDonald's

2.05 miles

Subway

2.24 miles

Alicia's

2.25 miles

Fidler's on the Grand

2.41 miles

Italian Village Pizza

2.44 miles

Stir Fry 88

2.48 miles

Lansing Mall Food Court

2.48 miles

Italian Village Pizza

2.50 miles

Zaytoon Grill

2.51 miles

Buddy's Detroit-Style Pizza

2.54 miles

Kohl's

2.45 miles

Kroger

2.48 miles

JCPenney

2.48 miles

Lansing Mall

2.52 miles

TJ Maxx

2.53 miles

Once Apon a Child

2.75 miles

Horrocks Farm Market

2.76 miles

ALDI

2.77 miles

Gift & Bible / Diane's Halmark / Teaching Center

2.78 miles

Meijer

2.83 miles

Looking Glass Regional Fire Authority

1.94 miles

Kroger Pharmacy

2.49 miles

Walgreens

2.62 miles

Meijer Pharmacy

2.81 miles

CVS Pharmacy

2.83 miles

Lansing Urgent Care

2.89 miles

Work Health

3.09 miles

Your Pharmacy

3.14 miles

CVS Pharmacy

3.19 miles

Walgreens

3.19 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 05 Nov, 2021
  • 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 $17,941
  • Market Value* $675,000
  • Assessed Value $675,000

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 5867 Grand River Avenue?

5867 Grand River Avenue totals 44,130 square feet.

When was this property built?

5867 Grand River Avenue was built in 1976.

When was 5867 Grand River Avenue last sold?

5867 Grand River Avenue was last sold on 05 Nov, 2021.

What is the property tax for 5867 Grand River Avenue?

The property tax for 5867 Grand River Avenue in 2022 was $17,941.

What is the market value for 5867 Grand River Avenue?

The market value* for 5867 Grand River Avenue in 2022 was $675,000.
*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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