2375 Cedar StHolt, MI 48842

Property Details for 2375 Cedar St

Year built

1989

Lot size

0.54 AC

Property size (Sq ft)

6,000 SF

Zone code

C-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

33-25-05-15-201-012

APU

33250515201012

Description

This 6,500 square foot retail space in Holt, Michigan, presents a prime leasing opportunity. Located at 2375 N Cedar St, this single-story, multi-tenant building offers five suites within a professionally managed strip center. The property boasts excellent visibility due to its location on Cedar Street and proximity to the 96 Interchange, further enhanced by a highly visible road sign. This end-cap space offers immediate availability and includes a convenient break room. The property is situated in Ingham County, Michigan, zip code 48842, and shares the center with established businesses such as Subway, creating a thriving retail environment. This high-traffic location ensures exceptional accessibility and exposure for your business. The property is ideal for a variety of retail uses and offers a dynamic and inviting setting for businesses to flourish. Don't miss this chance to secure a space in this sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $551,761

  6.5%

  $509,318

  7%

  $472,938

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,414,325

  Geo Method

  $1,414,325

• Alternative Use

  Use

  Valuation

  Residential

  $429,629

  Hospitality

  $393,538

  Educational

  $327,419

  Medical

  $338,679

  Retail

  $509,318

Location Insight

City

Holt

County

Ingham

State

Michigan

Latitude

42.6507

Longitude

-84.5289

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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