2025 Holmes RdLansing, MI 48910
- Healthcare properties
- 3,840 SF
Property Details for 2025 Holmes Rd
- Year built
- 1965
- Lot size
- 1.10 AC
- Property size (Sq ft)
- 3,840 SF
- Zone code
- D-1 PRO
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 33-01-01-32-101-385
- APU
- 33010132101385
Description
This exceptional 1,075-square-foot office suite, located in Lansing near the Holmes/Pleasant Grove intersection, presents a unique opportunity for a variety of businesses. Situated in a single-story, 3,840-square-foot Class C building constructed in 1965, this space offers a flexible layout ideal for executive offices, coworking, medical practices, traditional offices, or creative enterprises. The suite boasts a welcoming reception area, two recently updated half-baths, and a sizable open room previously used as a church and, earlier, a dentist's office. The adaptable space allows for easy customization to meet your specific needs; walls can be reconfigured to create private offices if desired. Separate utility meters provide cost control. A valuable added benefit is the availability of basement storage space. The property includes ample parking with 20 spaces available on a 1.1-acre lot. The asking rent is $500 per month ($6,000 annually), with a one-year lease preferred. Tenants are responsible for their own utilities. This property is located at 2025 W Holmes Rd Suite #4, with convenient access via Simken Drive. Don't miss this chance to secure a well-located, adaptable office space in a thriving area of Lansing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $240,223
- 6.5%
- $221,744
- 7%
- $205,905
-
Comparable approach
- Method
- Valuation
- Relative Method
- $359,194
- Geo Method
- $359,194
-
Alternative Use
- Use
- Valuation
- Residential
- $274,962
- Hospitality
- $251,864
- Educational
- $209,548
- Medical
- $216,755
- Retail
- $325,964
Location Insight
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Latitude
- 42.6971
- Longitude
- -84.5797
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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