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    1161 E Clark Rd, Unit 340 Dewitt, MI 48820

    Sponsored
    For Lease
    $10 SF/Yr

    COMMERCIAL - DeWitt, MI

    Property size:
    231,622 SF
    Lot size:
    32.56 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 15 at 11:06 am

    Property Features for 1161 E Clark Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4
    Bathrooms
    4
    APN
    19-050-015-300-005-00
    Parking
    100
    Parking features
    Parking Lot, Off Street
    Exterior features
    Lighting, Private Entrance
    Appliances
    Refrigerator, Dishwasher, Microwave
    Size
    231,622 SF
    Lot size
    32.56 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1993
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Combination, Carpet
    Building materials
    Block
    Roof type
    Flat

    Keller Williams Realty (517) 853-1200 [email protected]

    Listing agent Kenneth Burton (517) 242-2000 License #6501414220

    Listing date Jan 15, 2026

    Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Call Center Sublease

    This 9,002 square-foot call center represents a pristine sublease opportunity. The state-of-the-art facility, meticulously maintained and never used, features a complete brand-new buildout. The location is highly accessible, offering ample parking and easy highway access. The space includes 80 fully built-out workstations, private offices, and conference rooms. A large reception area and a full kitchen are also present. Additional amenities include an on-site workout center and four ADA-compliant restrooms. A security system with card-key entry is installed. The property is situated in DeWitt, MI, within Clinton County, and is located at 1161 E Clark Road. The lot size is 32.56 acres. This turnkey facility is ideal for companies looking to expand operations or transition into a larger, modern space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Studio 517 Dance ... Dance School Laura Blemaster Physical Therapy Clinic John Lehman Practitioner Service Location Kristin Nederveld Deppen Physical Therapist Ivy Rehab for Kids Physical Therapy Clinic

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Dewitt
    County
    Clinton
    State
    Michigan
    Longitude
    -84.540276
    Latitude
    42.815023

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Serviced office - Pristine, never-used 9,002 SF call center with modern buildout.
    Where is this serviced office located?
    The property is located at 1161 E Clark Rd, Unit 340 Dewitt, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - State-of-the-art call center with a complete brand-new buildout.; - 9,002 SF facility with **80 fully built-out workstations.**; - Highly accessible location with ample parking and easy highway access.
    (517) 242-2000
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    1161 E Clark Rd, Unit 340 Dewitt, MI 48820
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