1125 Trowbridge RdEast Lansing, MI 48823

Property Details for 1125 Trowbridge Rd

Year built

1979

Lot size

0.27 AC

Property size (Sq ft)

2,004 SF

Zone code

B2

Property type

Office buildings

APN

33-20-01-24-123-010

APU

33200124123010

Description

This exceptional 2,000-square-foot single-tenant office space is ideally situated in East Lansing, Michigan, at 1125 Trowbridge Road, zip code 48823. The property, a Class B building constructed in 1979 and extensively renovated in 2019, offers a convenient and desirable location. The entire 2,000 square feet is currently vacant and ready for immediate occupancy. Situated on a 0.27-acre lot, this single-story building is zoned B2, allowing for a variety of commercial uses. Its prime location offers easy access to the Trowbridge exit, making commuting a breeze. Furthermore, its proximity to Michigan State University campus and popular businesses like Starbucks, Woody's, and Fresh Thyme Grocery Store provides exceptional convenience and visibility. The property's Ingham County location ensures access to a robust infrastructure and a thriving local economy. This is an excellent opportunity for a small office, sole practitioner, or any business seeking a centrally located, accessible, and well-maintained office space. The building's 2019 renovation ensures modern amenities and a comfortable work environment. Public transportation is readily available via the nearby bus line.

• CAP approach

  CAP return

  Valuation

  6%

  $125,366

  6.5%

  $115,723

  7%

  $107,457

• Comparable approach

  Method

  Valuation

  Relative Method

  $187,454

  Geo Method

  $187,454

• Alternative Use

  Use

  Valuation

  Residential

  $143,496

  Hospitality

  $131,442

  Educational

  $109,358

  Medical

  $113,119

  Retail

  $170,112

Location Insight

City

East Lansing

County

Ingham

State

Michigan

Latitude

42.7195

Longitude

-84.4989

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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