3800 Heritage AveMeridian charter Township, MI 48864

Property Details for 3800 Heritage Ave

Year built

1996

Lot size

1.76 AC

Property size (Sq ft)

12,960 SF

Zone code

PO

Property type

Office buildings

APN

33-02-02-33-126-004

APU

33020233126004

Description

This Class A office building, located at 3800 Heritage Ave in Meridian Charter Township, Ingham County, Michigan, offers exceptional executive office space for lease. The property, known as 3800 Heritage Office Park, boasts a total of 14,000 square feet and is currently offering multiple tenancy options. Two available suites provide flexible space ranging from 2,031 to 2,243 contiguous square feet, with a minimum divisible space of 2,234 square feet. A total of 4,477 square feet is currently vacant and ready for immediate occupancy. The building's prime location in the 48864 zip code offers easy access to major transportation routes and amenities. Ideal for businesses seeking modern, efficient, and prestigious office accommodations, this property presents a unique opportunity to establish a thriving presence in a desirable Michigan market. The building's "A" class designation reflects its high-quality construction, modern amenities, and excellent overall condition. Interested parties are encouraged to inquire about available suite sizes and lease terms. This is an excellent opportunity to secure premium office space in a thriving business community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,218,596

  6.5%

  $2,047,934

  7%

  $1,901,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,212,278

  Geo Method

  $1,212,278

• Alternative Use

  Use

  Valuation

  Residential

  $2,539,439

  Hospitality

  $2,326,112

  Educational

  $1,935,298

  Medical

  $2,001,856

  Retail

  $3,010,464

Location Insight

City

Okemos

County

Ingham

State

Michigan

Latitude

42.6953

Longitude

-84.4345

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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