4650 Hagadorn RdEast Lansing, MI 48823

Property Details for 4650 Hagadorn Rd

Year built

1993

Lot size

2.30 AC

Property size (Sq ft)

20,000 SF

Zone code

C-2

Property type

Office buildings

APN

33-02-02-20-303-002

APU

33020220303002

Description

This exceptional Class A retail property, located at 4650 Hagadorn Road in East Lansing, Michigan, presents a unique opportunity for a single-tenant user. The building boasts a total of 10,247 square feet, all of which is currently vacant and ready for immediate occupancy. Situated in Ingham County, with a convenient zip code of 48823, this two-story structure offers significant visibility and accessibility. The property's prime location in East Lansing ensures high foot traffic and exposure to a thriving consumer base. Ideal for a variety of retail businesses, this space provides ample room for a flagship store or a large-scale retail operation. The building's Class A designation speaks to its high-quality construction and modern amenities. With its entire square footage available, this property offers a blank canvas for a discerning tenant to create a customized retail environment. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. This is a rare opportunity to secure a substantial, high-quality retail space in a desirable East Lansing location. Contact us today to schedule a showing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,251,159

  6.5%

  $1,154,916

  7%

  $1,072,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,870,800

  Geo Method

  $1,870,800

• Alternative Use

  Use

  Valuation

  Residential

  $1,432,096

  Hospitality

  $1,311,792

  Educational

  $1,091,396

  Medical

  $1,128,930

  Retail

  $1,697,726

Location Insight

City

East Lansing

County

Ingham

State

Michigan

Latitude

42.7162

Longitude

-84.4612

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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