2500 Cedar StHolt, MI 48842

Property Details for 2500 Cedar St

Year built

1979

Lot size

0.55 AC

Property size (Sq ft)

2,004 SF

Zone code

C-2

Property type

Medical offices

Property subtype

Medical centers

APN

33-25-05-15-202-002

APU

33250515202002

Description

This 1,902 square foot medical office building, located at 2500 N Cedar St, Holt, MI 48842, presents a unique opportunity. Situated in Ingham County, this single-tenant Class B building was constructed in 1979 and features a versatile layout ideal for various medical practices. The property boasts ample parking and is conveniently located near the I-96 and Cedar St interchange, ensuring easy access for both patients and staff. Its C2 zoning within the desirable Delhi Township provides flexibility for potential customization. The building's enduring construction and established presence in the area make it an attractive option for businesses seeking a well-maintained and easily accessible location. This Holt, Michigan property offers a prime opportunity to establish or expand a medical practice in a thriving community. The address is 2500 N Cedar St, at the cross streets of N Cedar St & Willoughby Rd.

• 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

Holt

County

Ingham

State

Michigan

Latitude

42.6546

Longitude

-84.5318

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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