West Michigan Avenue Commercial
3000 West Michigan Avenue Lansing, MI 48917
3000 West Michigan Avenue, Lansing, MI, 48917
$80,000
For Sale
$80,000
Commercial property suitable for investors and developers in Lansing, MI.
Property Size600 SF
Price / SF$133.33
Days on Market300
Property Features for 3000 West Michigan Avenue
General Information
- Standard status
- Active
- Size
- 600 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing agency
RE/MAX
(517) 896-9669
Listed by
Jodi Jones
(517) 896-9669
Source
Remaxcommercial
Added: Sep 25, 2025 Updated: Jul 6 at 8:12AM Checked: Jul 21 at 2:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX
Investment Insights
Based on property information with market context.
This property presents an opportunity for investors and developers interested in the Greater Lansing area. The property is suitable for medical or commercial development, offering long-term investment potential. The property has a size of 600 square feet.
Key Highlights
- Strategic location in the growing Greater Lansing area.
- Attractive opportunity for investors and developers.
- Potential for medical or commercial development.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.5k | $19.20 |
| − Vacancy | −$922 | −$1.54 |
| EGI | $10.6k | $17.66 |
| − OpEx | −$4.2k | −$7.07 |
| NOI | $6.4k | $10.60 |
600 SF · lease $19.20/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$90.8K
$79.5K – $106.0K
NOI $6,359 @ 7.0% cap · market cap 7.95%
Second Best
Office B
$82.7K
$72.4K – $96.5K
NOI $5,789 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$123.5K
$108.1K – $144.1K
NOI $8,645 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
EZ Party Rental
Party Supply Store
Penske Truck Rental
Car Rental Facility
Rise Up Heating ...
HVAC Service
Similar For Sale Nearby
Similar Off Market Nearby
- Petco Vaccination Clinic — 510 Frandor Ave, Lansing, MI 48912
- Ailurophile Cat Clinic — 432 N Homer St, Lansing, MI 48912
FAQs
What type of property is this?
Medical Office Space - Commercial property suitable for investors and developers in Lansing, MI.
Where is this medical office space located?
The property is located at 3000 West Michigan Avenue Lansing, MI.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Strategic location in the growing Greater Lansing area.; Attractive opportunity for investors and developers.; Potential for medical or commercial development.
