6920 Cedar StLansing, MI 48911

  • Office properties
  • 17,407 SF
For Lease
$10/SF/YR View listing

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
6920 Cedar St, Lansing, Michigan

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

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
2020
$16,981
$142,800
$283,400
$426,200
-
$285,600
$566,800
$852,400

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