2025 Holmes RdLansing, MI 48910

  • Healthcare properties
  • 3,840 SF
For Lease
$80.40/SF/YR View listing

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
2025 Holmes Rd, Lansing, Michigan

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

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
2022
-
-
-
-
-
-
-
-

FAQs

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