2495 Cedar StHolt, MI 48842

Property Details for 2495 Cedar St

Year built

1980

Lot size

5.12 AC

Property size (Sq ft)

32,766 SF

Zone code

A-1

Property type

Grocery and convenience stores

APN

33-25-05-15-126-021

APU

33250515126021

Description

Cedar Park Center, a vibrant 125,000 square foot neighborhood center in Ingham County, offers exceptional creative office space for lease. This popular retail and office complex boasts a prime location along a busy retail corridor in Greater Lansing, ensuring high visibility and easy access. The property features three available suites ranging from 1,834 to 11,777 square feet, providing flexibility for businesses of various sizes. Benefit from the strong synergy of being situated near major retailers such as Kroger, Lowe's, Menards, Target, Rite Aid, and Walgreens, drawing significant foot traffic and enhancing brand visibility. Convenient access to I-96 ensures seamless commutes for employees and clients throughout the Greater Lansing area. Ample parking is available with 285 well-lit spaces for tenants and visitors. This multi-tenant building presents a unique opportunity to establish your business in a thriving commercial hub with excellent visibility and convenient amenities. The available spaces are ideal for businesses seeking a dynamic and accessible location within a well-established retail center. Contact us today to learn more about these exceptional leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,013,168

  6.5%

  $2,781,385

  7%

  $2,582,715

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,723,628

  Geo Method

  $7,723,628

• Alternative Use

  Use

  Valuation

  Residential

  $2,346,202

  Hospitality

  $2,149,109

  Educational

  $1,788,034

  Medical

  $1,849,527

  Retail

  $2,781,385

Location Insight

City

Holt

County

Ingham

State

Michigan

Latitude

42.6542

Longitude

-84.5337

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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