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    5123 St Joseph Hwy Lansing, MI 48917

    Sponsored
    For Lease
    $168 SF/Yr

    Prime Lansing Office Space, Multiple Configurations

    Lot size:
    2,446 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This versatile Lansing office building, located at 5123 W. St. Joe Hwy (cross street: Snow), offers three available suites ranging from 796 to 3,434 square feet. The property, situated on a desirable corner lot, enjoys excellent visibility and accessibility. Built in 1979 and renovated in 1894, the two-story building provides a blend of character and modern functionality. The building features ample parking with 80 spaces and a convenient elevator. Its location offers easy access to major thoroughfares, including I-496, I-96/I-69, and the Lansing Mall, ensuring convenient commutes for employees and clients. The property is zoned for commercial office use, allowing for prominent exterior signage. The building's multiple suite options cater to a variety of business needs, accommodating traditional office spaces, coworking setups, executive offices, medical practices, and creative studios. The property's APN is 04002410000200, and it's located in Eaton County, Michigan, with a Lansing, MI 48917 zip code. This is an exceptional opportunity to secure a well-located and adaptable office space in a thriving Lansing commercial district.

    Property Features for 5123 St Joseph Hwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,446 SF

    Building Details

    Year Built/Renovated
    1979/1894
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,650 SF
    Rate per SF
    $168
    Space
    Available Space 2
    Size
    0 SF
    Rate per SF
    $168
    Space
    Available Space 3
    Size
    796 SF
    Rate per SF
    $168

    HighLights

    • Three suites available, 796‑3,434 square feet.
    • Desirable corner lot with excellent visibility and accessibility.
    • Two‑story building (1979 construction, renovated 1894) with 80 parking spaces and an elevator.
    • Convenient access to I‑496, I‑96/I‑69, and Lansing Mall.
    • Commercial zoning allows prominent signage.
    • Suitable for various uses: traditional office, coworking, medical, etc.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.622112
    Latitude
    42.7260534

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    FAQs

    What type of property is this?
    Office space - Prime Lansing Office Space, Multiple Configurations
    Where is this office space located?
    The property is located at 5123 St Joseph Hwy Lansing, MI.
    What is the lease rate?
    The lease rate is $168 SF/Yr.
    What are key features of this property?
    This property features: Three suites available, 796-3,434 square feet.; Desirable corner lot with excellent visibility and accessibility.; Two-story building (1979 construction, renovated 1894) with 80 parking spaces and an elevator.
    Request Owner's contact information
    5123 St Joseph Hwy Lansing, MI 48917
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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
    5123 St Joseph Hwy Lansing, MI 48917
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