This exceptional 6,600 square foot office space is situated within a prestigious 9-story high-rise building at 101 S Washington Square in Lansing, Michigan. The building boasts a total of 66,067 square feet of office space, offering a dynamic and professional environment. This particular suite is ideally located on the corner of Washington Square and Michigan Avenue, providing excellent visibility and accessibility. The property's prime downtown Lansing location places it within easy reach of a variety of amenities, including numerous restaurants, essential services, and government offices. The building is classified as an Executive Office building, suggesting high-quality finishes and amenities. The tenancy is multiple, indicating a vibrant and diverse community of businesses within the building. The property is situated in Ingham County, Michigan, with a zip code of 48933. This presents a unique opportunity for businesses seeking a prominent and well-connected location in the heart of Lansing's business district. The address is 101 S Washington Square, Lansing, MI 48933. This offering provides a substantial and well-positioned space for a variety of business needs. The building's high-rise design offers impressive views and a sophisticated image.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,493,225
6.5%
$4,147,592
7%
$3,851,336
Comparable approach
Method
Valuation
Relative Method
$6,718,510
Geo Method
$6,718,510
Alternative Use
Use
Valuation
Residential
$5,143,014
Hospitality
$4,710,974
Educational
$3,919,474
Medical
$4,054,271
Retail
$6,096,960
Location Insight
City
Lansing
County
Ingham
State
Michigan
Latitude
42.7338
Longitude
-84.5527
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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