2109 Hamilton RdMeridian charter Township, MI 48864

Property Details for 2109 Hamilton Rd

Year built

1972

Lot size

0.60 AC

Property size (Sq ft)

9,700 SF

Zone code

C-2

Property type

Office buildings

APN

33-02-02-21-429-027

APU

33020221429027

Description

Located in the heart of downtown Okemos at the southeast corner of Okemos Road and Hamilton Road, adjacent to Moore Street, Hamilton Centre offers 10,000 square feet of renovated Class C office space. This two-story building, constructed in 1978 and extensively renovated 15 years ago, boasts a modern interior with new trim, doors, flooring, bathrooms, windows, and HVAC systems. The exterior grounds have also been recently landscaped. Units range from a minimum of 100 square feet to a maximum contiguous space of 2,000 square feet, making it suitable for a variety of businesses. Amenities include all utilities, Wi-Fi access, a shared kitchen, over 30 parking spaces, and four separate private entrances. Each unit receives professional cleaning services twice a week. Currently, only one unit is available. The building offers a convenient and well-maintained workspace in a desirable location. The building features double-hung windows with screens.

• CAP approach

  CAP return

  Valuation

  6%

  $1,660,523

  6.5%

  $1,532,790

  7%

  $1,423,306

• Comparable approach

  Method

  Valuation

  Relative Method

  $907,338

  Geo Method

  $907,338

• Alternative Use

  Use

  Valuation

  Residential

  $1,900,660

  Hospitality

  $1,740,994

  Educational

  $1,448,487

  Medical

  $1,498,303

  Retail

  $2,253,202

Location Insight

City

Okemos

County

Ingham

State

Michigan

Latitude

42.716

Longitude

-84.428

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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