1161 Clark RdDeWitt, MI 48820

Property Details for 1161 Clark Rd

Year built

1993

Lot size

32.56 AC

Property size (Sq ft)

86,211 SF

Zone code

BC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

050-015-300-005-00

APU

5001530000500

Description

Clark Corners, located at 1161 E Clark Rd in DeWitt, Michigan, presents a significant opportunity for businesses seeking executive office space. This impressive property boasts a total of 228,387 square feet, situated on a generous 80-acre lot in Clinton County (zip code 48820). Currently, there is 87,585 square feet of vacant space available, offering flexibility for various needs. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 19,985 square feet. This allows for businesses of all sizes to find a suitable fit within this well-established office complex. The property is classified as an Executive Office building, suggesting high-quality finishes and amenities. The location in DeWitt, Michigan provides easy access to major transportation routes and local amenities. This is a for-sale opportunity, making it an attractive investment for those seeking a substantial and versatile commercial property. The property's size and layout offer significant potential for growth and expansion. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $7,927,980

  6.5%

  $7,318,135

  7%

  $6,795,411

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,321,726

  Geo Method

  $20,321,726

• Alternative Use

  Use

  Valuation

  Residential

  $6,173,120

  Hospitality

  $5,654,546

  Educational

  $4,704,516

  Medical

  $4,866,311

  Retail

  $7,318,135

Location Insight

City

Dewitt

County

Clinton

State

Michigan

Latitude

42.815

Longitude

-84.5403

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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