2624 Lake Lansing RdLansing, MI 48912

Property Details for 2624 Lake Lansing Rd

Year built

2007

Lot size

0.93 AC

Property size (Sq ft)

7,976 SF

Zone code

F COMME

Property type

Retail properties

Property subtype

Banks

APN

33-21-01-02-329-014

APU

33210102329014

Description

This exceptional Class A office space, totaling 4,639 square feet, is situated on the second floor of a newly developed, multi-tenant freestanding retail building at 2624 Lake Lansing Road in Lansing, Michigan, zip code 48912. The building itself boasts 7,976 square feet and is comprised of one suite across two stories. The property features one elevator for convenient access to the second-floor office space. The location offers high visibility and accessibility on Lake Lansing Road. The building is zoned for commercial use and sits on a generous 9.3 acres of land. This traditional office space is perfect for a variety of businesses seeking a modern and well-located workspace. The property's Asset Property Number (APN) is 33-21-01-02-329-014. The building is a single structure with ample space and convenient amenities. This is a multi-tenant building, offering a vibrant and collaborative environment. The available space is ready for immediate occupancy. Inquire today to learn more about this outstanding opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $733,474

  6.5%

  $677,053

  7%

  $628,692

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,880,109

  Geo Method

  $1,880,109

• Alternative Use

  Use

  Valuation

  Residential

  $571,120

  Hospitality

  $523,143

  Educational

  $435,249

  Medical

  $450,217

  Retail

  $677,053

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7602

Longitude

-84.5144

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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