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    1433 Michigan Ave Lansing, MI 48912

    Sponsored
    For Lease
    $18 SF/Yr ($8,620 /Mo)

    Prime Lansing location, 5,747 SF, high visibility.

    Lot size:
    5,747 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional medical office building, situated at 1433 E Michigan Ave in Lansing, Michigan, presents a unique investment opportunity. The property, totaling 5,747 square feet, is conveniently located near Sparrow Hospital, offering immediate access to a substantial patient base. The building boasts 36 parking spaces, ensuring ample convenience for both staff and patients. Currently, 5,600 square feet of space is available for lease, offering significant potential for expansion or new tenancy. The building features multiple suites, each equipped with its own reception area, exam/lab rooms, and office space. Two suites (A & B) include a dedicated x-ray room, ideal for a variety of medical practices. Built in 1983, this Class C building sits on a 0.56-acre lot, providing ample space and visibility. The property is zoned F-1 COM and is located in Ingham County, with a convenient cross street access at Custer Ave. The address is 1433 E Michigan Ave, Lansing, MI 48912. This property offers a compelling combination of location, size, and existing infrastructure, making it an attractive option for medical professionals seeking a well-established presence in a thriving healthcare market.

    Property Features for 1433 Michigan Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,747 SF
    Class
    C
    Total Rate
    8620.5

    Building Details

    Year Built
    1983

    Unit(s) available at that property

    Space
    A&B
    Size
    2,800 SF
    Rate per SF
    $18
    Space
    C
    Size
    1,400 SF
    Rate per SF
    $18
    Space
    D
    Size
    5,600 SF
    Rate per SF
    $18

    HighLights

    • Michigan Avenue & parking lot access; central atrium with fountain.
    • Three suites; Suites C & D easily combinable.
    • 1983 construction.
    • 0.56‑acre site with ~36 parking spaces.
    • F‑1 Commercial zoning.
    • Existing building signage with expansion potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cardiology Group of Lansing Medical Clinic ABC Ob-Gyn Care Women'S Health Clinic Stephanie Fleming Obstetrician-Gynecologist Emergency Dental Care Emergency Dental Service Dr. Haresh Jani Internist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.529823748074
    Latitude
    42.733540998582

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    FAQs

    What type of property is this?
    Medical office - Prime Lansing location, 5,747 SF, high visibility.
    Where is this medical office located?
    The property is located at 1433 Michigan Ave Lansing, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Michigan Avenue & parking lot access; central atrium with fountain.; Three suites; Suites C & D easily combinable.; 1983 construction.
    Request Owner's contact information
    1433 Michigan Ave Lansing, MI 48912
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1433 Michigan Ave Lansing, MI 48912
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