Flex Space with Six Access
For Sale
$599,000
922 Eden Rd, Mason, MI 48854
Two-level office configuration complements the property’s commercial space and oversized vehicle access.
Property Size2,480 SF
Lot Size5.00 Acres
Price / SF$241.53
Days on Market59
Property Features for 922 Eden Rd
General Information
Standard status
Active
Size
2,480 SF
Lot size
5.00 Acres
Additional Details
Office Units
9
Taxes and HOA fees
Annual Taxes
$10,069
Building Details
Stories
2
Listing Agency:
Century 21 Affiliated
(517) 887-0800
Listed By:
Rick O'Berry
(517) 230-1458
Source:
Exprealty
Added: Aug 17
Changed: Oct 8
Last Checked: Oct 12 at 9:11PM
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 Century 21 Affiliated
Investment Insights
Based on property information with market context.
This flex-space property encompasses 5 acres and includes office accommodations across two levels. The main floor contains 4 offices, while the second floor provides 5 additional offices, creating a distinct administrative component within the commercial layout.
Vehicle access is supported by 6 doors measuring 14 feet, accommodating equipment and larger vehicles. The property is located at 922 Eden Rd in Mason, Michigan.
Vehicle access is supported by 6 doors measuring 14 feet, accommodating equipment and larger vehicles. The property is located at 922 Eden Rd in Mason, Michigan.
Key Highlights
- 5‑acre commercial property in Mason, Michigan
- 9 offices across two floors: 4 on the main floor and 5 on the second floor
- 6 access doors measuring 14 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,918
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,360
$418.4K
Cap Rate 7%
$298,829
$298.8K
Cap Rate 9%
$232,422
$232.4K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$35.7K $14.40/SF
− Vacancy
−$7.8K −$3.15/SF
EGI
$27.9K $11.25/SF
− OpEx
−$7.0K −$2.81/SF
NOI
$20.9K $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%
$418,360
Cap Rate 7%
$298,829
Cap Rate 9%
$232,422
Alternative Uses
Best Use
Office B
$298.8K
$261.5K – $348.6K
NOI $20,918 @ 7.0% cap · market cap 3.49%
Second Best
Warehouse
$243.7K
$213.2K – $284.3K
NOI $17,056 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$398.4K
$348.6K – $464.9K
NOI $27,891 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
9
Office units
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48854, MI
19,804
Population
7,853
Households
2.5
Avg Household Size
41
Median Age
39%
College-Educated
95%
High-School Grad
113.3 sq mi
ZIP Area
175
Density / Sq Mi
$91,956
Median Household Income
$46,992
Median Earnings
$1,136
Median Rent
$240,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Two-level office configuration complements the property’s commercial space and oversized vehicle access.
Where is this flex space located?
The property is located at 922 Eden Rd Mason, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5‑acre commercial property in Mason, Michigan; 9 offices across two floors: 4 on the main floor and 5 on the second floor; 6 access doors measuring 14 feet
