1568 Lake Lansing RdLansing, MI 48912
- Healthcare properties
- 2,913 SF
Property Details for 1568 Lake Lansing Rd
- Year built
- 1978
- Lot size
- 1.37 AC
- Property size (Sq ft)
- 2,913 SF
- Zone code
- G GENER
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 33-21-01-03-427-027
- APU
- 33210103427027
Description
This 3,220 sq ft medical office suite, located at 1568 Lake Lansing Road in Lansing, presents a turnkey opportunity within a thriving medical hub. The single-story, 5,908 sq ft building, constructed in 1978, is classified as Class B and sits on a 1.37-acre lot (APN: 21-01-03-427-027). Currently, the building features multiple tenants, including a private medical practice and a cosmetic day spa. This available suite offers a private entrance, a welcoming reception area with a desk/office, and nine adaptable exam/office spaces, all recently updated. The space is highly flexible and can be subdivided to accommodate various needs. Building amenities include barrier-free access, two restrooms, and ample common areas ideal for support staff. With 54 total parking spaces and Office zoning, this property provides convenient access and ample parking for patients and staff. The suite's location within a premier medical area ensures high visibility and accessibility for potential clients. This is an exceptional opportunity for a medical, cosmetic, or professional office seeking a well-maintained and conveniently located space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $182,231
- 6.5%
- $168,214
- 7%
- $156,198
-
Comparable approach
- Method
- Valuation
- Relative Method
- $272,482
- Geo Method
- $272,482
-
Alternative Use
- Use
- Valuation
- Residential
- $208,585
- Hospitality
- $191,063
- Educational
- $158,962
- Medical
- $164,429
- Retail
- $247,274
Location Insight
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Latitude
- 42.7604
- Longitude
- -84.5275
- 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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