Industrial Properties in Lansing, Michigan, offer a unique investment opportunity for those looking to capitalize on the city's strong economy and strategic location. As the state capital, Lansing is home to a diverse range of industries, including government, education, insurance, healthcare, and automobile manufacturing, making it an attractive location for industrial properties. These properties can represent a variety of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. Lansing's amenities, infrastructure, location, education, and geography make it an ideal place to invest in industrial properties. The city's proximity to major highways, including I-69, I-96, and I-496, provides easy access to markets throughout the region. Additionally, the Capital Region International Airport and the Michigan Flyer bus service offer convenient transportation options. Lansing is also home to several institutions of higher education, including Michigan State University and Lansing Community College, which provide a skilled workforce and opportunities for collaboration and innovation. The city's geography, with the Grand River and Red Cedar River flowing through it, also offers scenic views and recreational opportunities. Overall, Lansing is a great place for business and travel, with attractions like the Lansing Lugnuts minor league baseball team and the Impression 5 Science Center.
Lansing's industrial properties offer a range of opportunities for investors, with 13 available listings. In addition to industrial properties, Lansing is also home to a variety of other property types, including warehouses, with their convenient access to major highways and transportation hubs; land, offering opportunities for development and growth; apartment buildings, providing a steady stream of income; and commercial real estate, with its potential for long-term appreciation. Each of these property types offers its own unique benefits and opportunities, and Lansing's strong economy and strategic location make it an attractive location for investment. With its diverse range of industries, institutions of higher education, and convenient transportation options, Lansing is a great place to invest in industrial properties and other types of real estate. Overall, Lansing offers a unique combination of opportunities and amenities that make it an attractive location for investors and businesses alike.
What is the average price per square foot for industrial properties in Lansing?
The average price per square foot for industrial properties in Lansing is $85 USD.
How do location and transportation access affect industrial property values?
In Lansing, Michigan, the location and transportation access of industrial properties significantly impact their values, as proximity to major transportation hubs, highways, and amenities can increase property values and attract businesses.
- Industrial properties near the Capital Region International Airport, I-69, I-96, and I-496, as well as those with easy access to public transit bus service provided by the Capital Area Transportation Authority (CATA), tend to have higher values due to their convenience and connectivity.
- Properties located in areas with a high concentration of amenities, such as the downtown area, Old Town Lansing, and REO Town, may also command higher prices due to their proximity to services, labor, and customers.
- Furthermore, industrial properties with direct access to major roads, such as US 127, M-43, and M-99, can increase their values by reducing transportation costs and increasing efficiency for businesses.
