1669 Hamilton RdMeridian charter Township, MI 48864

  • Medical offices
  • 10,293 SF
For Lease
$14/SF/YR View listing

Property Details for 1669 Hamilton Rd

Year built
1989
Lot size
1.08 AC
Property size (Sq ft)
10,293 SF
Zone code
C-2
Property type
Medical offices
Property subtype
Medical centers
APN
33-02-02-22-405-007
APU
33020222405007

Description

This single-story, 10,293 square foot office building is located at 1669 Hamilton Rd, Meridian Charter Township, MI 48864, near the intersection of Dobie Rd and Hamilton St. The property, built in 1989, is classified as Class B and sits on a 47,176 square foot lot. Currently, there are three suites available for lease within the building, suitable for a variety of office uses. The zoning is C-2, allowing for flexibility in tenant occupancy. The building's total square footage is 10,293, with one suite currently available at 2,693 square feet. This property is ideal for businesses seeking a traditional office space, executive office suites, or medical office space, given its flexible zoning and multiple suite options. The property's Ingham County location provides easy access to local amenities and transportation routes. The APN is 33-02-02-22-405-007. This is a multi-tenant building offering a great opportunity for businesses of various sizes. The property's location in Meridian Charter Township offers a desirable business environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,762,038
    6.5%
    $1,626,496
    7%
    $1,510,318
  • Comparable approach

    Method
    Valuation
    Relative Method
    $962,807
    Geo Method
    $962,807
  • Alternative Use

    Use
    Valuation
    Residential
    $2,016,855
    Hospitality
    $1,847,428
    Educational
    $1,537,039
    Medical
    $1,589,900
    Retail
    $2,390,949
1669 Hamilton Rd, Meridian charter Township, Michigan

Location Insight

City
Okemos
County
Ingham
State
Michigan
Latitude
42.7166
Longitude
-84.4092
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$26,022
$100,100
$410,200
$510,300
-
$200,200
$820,400
$1,020,600

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