740 Lake Lansing RdEast Lansing, MI 48823

Property Details for 740 Lake Lansing Rd

Year built

1994

Lot size

5.92 AC

Property size (Sq ft)

7,900 SF

Zone code

B5

Property type

Office buildings

APN

33-20-01-01-301-013

APU

33200101301013

Description

This exceptional 1,738 square foot executive office suite is located at 740 W Lake Lansing Rd in East Lansing, Michigan, within a Class B office building. Built in 1994, the property offers a total of 8,000 square feet and features ample parking. The suite is part of a multi-tenant building, offering a professional and collaborative environment. The address is conveniently situated in Ingham County, with easy access to local amenities and transportation networks. This single-suite building presents a unique opportunity for businesses seeking a well-maintained and readily available office space. The space is immediately available and ready for occupancy. The building's 1994 construction provides a solid foundation, while the ample parking ensures convenient access for employees and clients. The location in East Lansing, Michigan, offers a vibrant and dynamic business environment. This executive office suite is perfect for a company seeking a professional and efficient workspace in a prime location. The 1,738 square feet provide ample room for various office configurations, catering to the needs of a growing business. The property's Class B designation reflects its well-maintained condition and desirable features. Don't miss this chance to secure this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $494,208

  6.5%

  $456,192

  7%

  $423,607

• Comparable approach

  Method

  Valuation

  Relative Method

  $738,966

  Geo Method

  $738,966

• Alternative Use

  Use

  Valuation

  Residential

  $565,678

  Hospitality

  $518,158

  Educational

  $431,101

  Medical

  $445,928

  Retail

  $670,602

Location Insight

City

East Lansing

County

Ingham

State

Michigan

Latitude

42.7622

Longitude

-84.4934

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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