5075 Willoughby RdHolt, MI 48842
- Assisted living facilities
- 15,321 SF
Property Details for 5075 Willoughby Rd
- Year built
- 1996
- Lot size
- 10.22 AC
- Property size (Sq ft)
- 15,321 SF
- Zone code
- A-1
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 33-25-05-16-229-002
- APU
- 33250516229002
Description
This exceptional Class A office building, located at 5075 E. Willoughby Rd in Holt, Michigan, offers 1,655 square feet of immediately available space. The property sits on an expansive 11-acre lot, providing ample parking and a serene work environment. The building is currently entirely vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. Flexible lease terms are available to accommodate various business needs. Suites range in size from a minimum of 395 square feet to a maximum contiguous space of 730 square feet, making it ideal for small to medium-sized businesses. The building's "Executive Office" designation reflects its high-quality construction and finishes, ensuring a professional and productive workspace. Located in Ingham County, with a Holt, MI 48842 zip code, this property offers easy access to major transportation routes and local amenities. The building's 1,655 total square feet is divided into three available spaces, providing options for businesses of varying sizes. This is a rare opportunity to secure prime office space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $936,885
- 6.5%
- $864,817
- 7%
- $803,044
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,388,674
- Geo Method
- $1,388,674
-
Alternative Use
- Use
- Valuation
- Residential
- $1,097,057
- Hospitality
- $1,004,898
- Educational
- $836,064
- Medical
- $864,817
- Retail
- $1,300,543
Location Insight
- City
- Holt
- County
- Ingham
- State
- Michigan
- Latitude
- 42.6524
- Longitude
- -84.547
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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