4572 Hagadorn RdEast Lansing, MI 48823

  • Office buildings
  • 34,608 SF
For Lease
$20/SF/YR View listing

Property Details for 4572 Hagadorn Rd

Year built
1989
Lot size
3.11 AC
Property size (Sq ft)
34,608 SF
Zone code
PO
Property type
Office buildings
APN
33-02-02-20-351-004
APU
33020220351004

Description

This exceptional Class A office building, located at 4572 S Hagadorn Rd in East Lansing, MI 48823, offers a prime opportunity for businesses seeking flexible and prestigious workspace. The property boasts a total of 34,608 square feet, strategically divided into five suites, providing a range of options to accommodate various business needs. Currently, 9,706 square feet of space is available for lease, with individual suites ranging from a minimum of 225 square feet to a maximum contiguous space of 5,802 square feet. This allows for both small businesses seeking efficient, executive office space and larger organizations requiring more substantial footprints. The building's convenient location on the edge of Michigan State University provides excellent visibility and accessibility, placing it within close proximity to East Lansing, Okemos, and the new McLaren hospital. This prime location offers unparalleled convenience and access to a thriving community and a highly skilled workforce. The building's "A" class designation reflects its high-quality construction, modern amenities, and overall professional atmosphere. This is an exceptional opportunity to secure premium office space in a highly desirable location. Contact us today to learn more about leasing options and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,165,006
    6.5%
    $1,998,467
    7%
    $1,855,719
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,237,232
    Geo Method
    $3,237,232
  • Alternative Use

    Use
    Valuation
    Residential
    $2,478,099
    Hospitality
    $2,269,925
    Educational
    $1,888,551
    Medical
    $1,953,501
    Retail
    $2,937,746
4572 Hagadorn Rd, East Lansing, Michigan

Location Insight

City
East Lansing
County
Ingham
State
Michigan
Latitude
42.7142
Longitude
-84.4605
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
$58,886
$247,500
$750,800
$998,300
-
$495,000
$1,501,600
$1,996,600

FAQs

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