6920 Cedar StLansing, MI 48911
- Office properties
- 17,407 SF
Property Details for 6920 Cedar St
- Year built
- 1978
- Lot size
- 1.70 AC
- Property size (Sq ft)
- 17,407 SF
- Zone code
- J & F
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 33-01-05-10-376-336
- APU
- 33010510376336
Description
This exceptional 897-square-foot office suite is available for lease at 6920 S Cedar St, Lansing, MI 48911. Located in Ingham County, this space is part of a larger 17,407-square-foot building with a total of 45 parking spaces. The suite itself boasts a convenient private entrance and parking directly at the door. The property is zoned for office use (APN: 33-01-05-10-376-336) and offers a functional layout including three well-appointed offices, a reception/waiting area, and a private restroom. Its traditional design is adaptable to various business needs, making it suitable for traditional, creative, or medical office uses. The building's location just south of I-96 ensures easy accessibility for employees and clients. Nearby amenities include popular businesses such as Starbucks and Lowe's, providing convenience and a vibrant surrounding environment. This is a rare opportunity to secure a well-appointed office space in a desirable Lansing location. The total building size is 17,407 square feet, with 897 square feet currently vacant. The property is situated near the cross streets of Just a Mere and Cedar.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,088,946
- 6.5%
- $1,005,181
- 7%
- $933,382
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,628,251
- Geo Method
- $1,628,251
-
Alternative Use
- Use
- Valuation
- Residential
- $1,246,425
- Hospitality
- $1,141,718
- Educational
- $949,896
- Medical
- $982,565
- Retail
- $1,477,616
Location Insight
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Latitude
- 42.6564
- Longitude
- -84.5362
- 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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