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    1044 Eastbury Dr Lansing, MI 48917

    Sponsored
    For Sale
    $3,000,000

    Class A Office, 29,768 SF, $3M

    Property size:
    29,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, situated on a sprawling 8.72-acre lot in Lansing, Michigan, presents a unique owner-user opportunity. Built in 2001 and extensively renovated in 2021, this two-story, 29,768 square foot building boasts a prime location just off Saginaw Highway, with convenient access to I-96. The property features a striking circular drive leading to a covered main entrance, enhancing its impressive curb appeal. Enjoy serene views from covered balconies and patios on three sides of each floor, overlooking a tranquil creek and surrounding woodlands. The thoughtfully designed layout is ideal for corporate headquarters, offering a large reception area, multiple conference rooms, private offices, open workspaces for cubicles, and ample room for expansion. Lower-level amenities include a cafeteria with patio access, a fitness center, a training room, a dedicated server room, additional private offices, and restrooms equipped with a shower. Security features include a key card access system and a robust 230kW backup generator capable of powering the entire building. The property's strategic location provides easy access to a variety of restaurants, shopping centers, and hotels, making it an attractive option for employees and clients alike. The asking price is $3,000,000, with a price per square foot of $100.78. The property is zoned for office use and features a modified lease type with multi-tenancy capabilities. The APN is 04001030021800.

    Property Features for 1044 Eastbury Dr

    General Information

    Property type
    Office buildings
    Square Feet
    29,768 SF
    Class
    A
    Lot Size
    379,843 SF

    Building Details

    Year Built/Renovated
    2001/2021
    Buildings
    1
    Stories
    2

    HighLights

    • $3,000,000 asking price for a Class A, 29,768 SF office building.
    • Located at 1044 Eastbury Dr, Lansing, MI 48917, on an 8.72‑acre lot.
    • Two‑story building, built in 2001, renovated in 2021, with a modified lease and multi‑tenant occupancy.
    • Features include a circular drive, covered balconies/patios, cafeteria, workout facility, training room, server room, security system, and a 230kW backup generator.
    • Conveniently located near I‑96 and Saginaw Highway, with nearby restaurants, shopping, and hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Meritain Health Health Insurance Agency

    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
    -84.6531627
    Latitude
    42.7442471

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    FAQs

    What type of property is this?
    Office building - Class A Office, 29,768 SF, $3M
    Where is this office building located?
    The property is located at 1044 Eastbury Dr Lansing, MI.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: $3,000,000 asking price for a Class A, 29,768 SF office building.; Located at 1044 Eastbury Dr, Lansing, MI 48917, on an 8.72-acre lot.; Two-story building, built in 2001, renovated in 2021, with a modified lease and multi-tenant occupancy.
    (517) 319-9209
    Request Owner's contact information
    1044 Eastbury Dr 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
    1044 Eastbury Dr Lansing, MI 48917
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