2521 S Cedar St, Lansing, MI 48910
2,328 SqFt office and retail space available for sale.
- Added:
- Mar 3, 2026
- Days on Market:
- 125
- Last Refresh:
- Mar 16 at 2:00 pm
Property Features for 2521 S Cedar St
General Information
- Standard status
- Active
- Size
- 2,328 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1937
Listing office RE/MAX Commercial Group (517) 321-2800
Listing date Mar 3, 2026
Source Crexi
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 Commercial Group
HighLights
- Office Space
- 2,328 SqFt of space
- Built in 1937
Overview
Local Financial Insights For Office B
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 | $37.4k | $16.08 |
| − Vacancy | −$7.5k | −$3.22 |
| EGI | $29.9k | $12.86 |
| − OpEx | −$7.5k | −$3.22 |
| NOI | $22.5k | $9.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.547637
- Latitude
- 42.705567
