3000 West Michigan Avenue, Lansing, MI 48917
Commercial property suitable for investors and developers in Lansing, MI.
- Added:
- Sep 25, 2025
- Days on Market:
- 260
- Last Refresh:
- May 8 at 8:42 pm
Property Features for 3000 West Michigan Avenue
General Information
- Standard status
- Active
- Size
- 600 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing agent Jodi Jones (517) 896-9669
Listing office RE/MAX (517) 896-9669
Listing date Sep 25, 2025
Source Remaxcommercial
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
HighLights
- Strategic location in the growing Greater Lansing area.
- Attractive opportunity for investors and developers.
- Potential for medical or commercial development.
- Sound long‑term investment.
- Built in 1983.
- Opportunity to capitalize on area growth.
Overview
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 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Vip Petcare — 826 w saginaw st, lansing, mi 48915
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.5088
- Latitude
- 42.7328
