Property profile

1161 E Clark Rd Dewitt, MI 48820

FOR LEASE
Strip malls
Property ID
US43-2101731
86,211 SF 32.56 ac lot Built 1993
Entity Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Clark Corners, located at 1161 E Clark Rd in DeWitt, Michigan, presents a significant opportunity for businesses seeking executive office space. This impressive property boasts a total of 228,387 square feet, situated on a generous 80-acre lot in Clinton County (zip code 48820). Currently, there is 87,585 square feet of vacant space available, offering flexibility for various needs. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 19,985 square feet. This allows for businesses of all sizes to find a suitable fit within this well-established office complex. The property is classified as an Executive Office building, suggesting high-quality finishes and amenities. The location in DeWitt, Michigan provides easy access to major transportation routes and local amenities. This is a for-sale opportunity, making it an attractive investment for those seeking a substantial and versatile commercial property. The property's size and layout offer significant potential for growth and expansion. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1993
Total area 86,211 SF
Lot 32.56 ac (1,418,314 SF)
Zoning code BC
APN 050-015-300-005-00
UPID US43-2101731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center
  • Medical Clinic
  • Physician
  • Physician
  • Medical Clinic

Location

1161 E Clark Rd Dewitt, MI 48820
Dewitt metro Census 10104 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.74M

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2019
Price N/A

Zoning & alternative use

BC · Dewitt, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message