C-2 Office
For Sale
Contact for pricing
301 Williamston Center Rd. Unit #500, Williamston, MI 48895
Professional office condominium with high ceilings, shared restrooms, and convenient on-site parking.
Property Size2,166 SF
Price / SF$115.42
Days on Market85
Property Features for 301 Williamston Center Rd. Unit #500
General Information
Standard status
Active
Size
2,166 SF
Class
A
Total Parking Spaces
80
Property subtype
Office
Zoning
C-2
Lease Type
Modified Gross
Additional Details
HOA Fee
$585.77
Highway Access
Yes
Amenities
shared restrooms
Building Details
Year Built
2003
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Signature Associates
Listed By:
Jeff Higgins · License #MI
(248) 359-0650
Source:
Crexi
Added: Jul 22
Changed: Oct 13
Last Checked: Oct 12 at 6:56PM
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 Signature Associates
Investment Insights
Based on property information with market context.
This office condominium contains 2,166 square feet within a professionally managed building constructed in 2003. The suite features high ceilings, an open interior arrangement, a bright common entry, and shared restrooms. C-2 zoning supports its commercial office classification.
The property is located at 301 Williamston Center Rd., Unit #500, in Williamston, Michigan, just off I-96. Its position provides access toward both Lansing and Metro Detroit, while on-site parking supports daily occupants and visitors.
The property is located at 301 Williamston Center Rd., Unit #500, in Williamston, Michigan, just off I-96. Its position provides access toward both Lansing and Metro Detroit, while on-site parking supports daily occupants and visitors.
Key Highlights
- 2,166‑square‑foot office condominium
- C‑2 zoning for commercial office use
- Building constructed in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,270
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,400
$365.4K
Cap Rate 7%
$261,000
$261.0K
Cap Rate 9%
$203,000
$203.0K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$31.2K $14.40/SF
− Vacancy
−$6.8K −$3.15/SF
EGI
$24.4K $11.25/SF
− OpEx
−$6.1K −$2.81/SF
NOI
$18.3K $8.43/SF
Area
Ingham County, MI
Vacancy
21.90%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,400
Cap Rate 7%
$261,000
Cap Rate 9%
$203,000
Alternative Uses
Best Use
Office B
$261.0K
$228.4K – $304.5K
NOI $18,270 @ 7.0% cap · market cap 7.31%
Second Best
Healthcare Medical
$261.0K
$228.4K – $304.5K
NOI $18,270 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$348.0K
$304.5K – $406.0K
NOI $24,360 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 48895, MI
11,472
Population
5,019
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
97%
High-School Grad
82.9 sq mi
ZIP Area
138
Density / Sq Mi
$100,565
Median Household Income
$57,330
Median Earnings
$1,005
Median Rent
$272,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Professional office condominium with high ceilings, shared restrooms, and convenient on-site parking.
Where is this office units located?
The property is located at 301 Williamston Center Rd. Unit #500 Williamston, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,166‑square‑foot office condominium; C‑2 zoning for commercial office use; Building constructed in 2003
