0 Miller RdLansing, MI 48911

For Sale
$595,000

Prime industrial land, two buildings, cultivation approved.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional industrial property, located at E Miller Rd, Lansing, MI 48911, presents a unique investment opportunity. Spanning 3.68 acres, the property features two buildings totaling 3,276 square feet, offering ample space for a variety of commercial uses. Built in 1955 and renovated in 2013, the buildings boast a 10-foot ceiling height and are in excellent condition. The property is zoned industrial per the Lansing form-based zoning map (adopted 2021), making it ideal for various businesses. Importantly, the property has received approval for marijuana cultivation and processing, and is eligible for a dispensary/provisioning license, offering significant potential for vertical integration within the cannabis industry. The asking price is $595,000, or $181.62 per square foot, representing a compelling value considering the land size and approved uses. This prime location enjoys proximity to major retailers such as Speedway, Meijer, Pet Plus, and Culver's, as well as numerous car dealerships, ensuring high visibility and convenient access. The property is offered as a single-tenant, NNN lease. The parcel number is 33-01-05-03-377-082. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a thriving location with significant growth potential.

Highlights

  • Zoned industrial (Lansing form-based zoning map, adopted 2021).
  • Prime Lansing location near major retailers.
  • 3.68-acre site with two buildings totaling 3,276 square feet, priced at $595,000 ($181.62/SF).
  • Buildings (1955 construction, 2013 renovation) in excellent condition with 10-foot ceilings.
  • Approved for marijuana processing; cultivation approval pending; dispensary/provisioning license eligible.

Property Details for 0 Miller Rd

Property type
Other industrial properties, Distribution properties
Square Feet
3,276 SF
Year Built/Renovated
1955/2013
Buildings
2
Stories
1
Lot Size (sq. ft)
160,301 SF

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.6692282
Longitude
-84.5381763
Miller Rd, Lansing, Michigan

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0 Miller Rd
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