121 Lansing RdPotterville, MI 48876

  • Residential income homes
  • 11,088 SF
For Lease
$14/SF/YR View listing

Property Details for 121 Lansing Rd

Lot size
1.67 AC
Property size (Sq ft)
11,088 SF
Zone code
B-2 LIGHT HWY
Property type
Residential income homes
Property subtype
Serviced apartments
APN
700 026 200 391 04
APU
70002620039104

Description

This exceptional retail strip center, located at 121 W Lansing Road in Potterville, Eaton County, offers 15,000 square feet of prime commercial space, with 5,000 square feet currently available for lease. The property boasts a highly visible location, providing excellent exposure to potential customers. Its convenient access to the I-69 interchange ensures easy connectivity for both tenants and their clientele. The available space is flexible, accommodating units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,000 square feet. Ample parking is provided for the convenience of customers and employees. Large windows offer excellent visibility for businesses seeking maximum exposure. The spaces are delivered as white box units, allowing for customization to suit individual tenant needs. Attractive tenant improvement packages are available to assist with build-out costs, making this an even more appealing opportunity for businesses of all sizes. Whether you are a new business seeking a strong launchpad or an established company looking to expand, this property offers the ideal combination of location, visibility, and flexibility to support your growth and success. This is a rare opportunity to secure a prominent retail space in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $860,117
    6.5%
    $793,954
    7%
    $737,243
  • Comparable approach

    Method
    Valuation
    Relative Method
    $338,400
    Geo Method
    $338,400
  • Alternative Use

    Use
    Valuation
    Residential
    $793,954
    Hospitality
    $727,258
    Educational
    $605,070
    Medical
    $625,879
    Retail
    $941,220

Location Insight

City
Potterville
County
Eaton
State
Michigan
Latitude
42.621
Longitude
-84.7418
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,809
-
-
$380,800
-
-
-
$761,600

FAQs

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