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    231 Lake Lansing Rd East Lansing, MI 48823

    Sponsored
    For Lease
    $15 SF/Yr ($13,605 /Mo)

    1,900 SF Available in Asher Court

    Lot size:
    10,533 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,900 square foot executive office space is situated within the established Asher Court Office Park at 231 W Lake Lansing Rd, East Lansing, MI 48823. The suite is part of a larger Class B office building, totaling 10,533 square feet, constructed in 1992. This single-suite building offers a unique opportunity for a business seeking a prominent location in a well-regarded office park. The space is currently vacant and ready for immediate occupancy. The property is conveniently located in Ingham County, offering easy access to major transportation routes and amenities. The building's multiple tenancy structure provides a diverse and vibrant professional environment. This is an ideal space for businesses seeking a high-profile address and ample room for growth. The 1,900 square feet provides flexibility for various office configurations to suit individual business needs. The property's location in East Lansing, Michigan, offers a thriving business community and a strong talent pool. This is a rare opportunity to secure a significant office space in a desirable location. The building's established presence within Asher Court Office Park ensures high visibility and easy access for clients and employees. Interested parties are encouraged to inquire for further details and scheduling a viewing.

    Property Features for 231 Lake Lansing Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,533 SF
    Class
    B
    Total Rate
    13605.13

    Building Details

    Year Built
    1992

    Unit(s) available at that property

    Space
    Suite 500C
    Size
    1,900 SF
    Rate per SF
    $15

    HighLights

    • 1,900 SF office suite available in Suite 500c.
    • Located in the established Asher Court Office Park.
    • Excellent Lake Lansing Road location, near MSU.
    • Easy access to I‑127.
    • Minutes from Eastwood Towne Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Joseph Mauro, ... Oral Surgeon Dr. Sonja G. ... Dentist Patrick Coomes: Allstate ... Insurance Agency Central Michigan Group ... Dental Clinic Stabenow For US Senate Political Party Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.485589
    Latitude
    42.758762

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    FAQs

    What type of property is this?
    Office Property / Space - 1,900 SF Available in Asher Court
    Where is this office property / space located?
    The property is located at 231 Lake Lansing Rd East Lansing, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,900 SF office suite available in Suite 500c.; Located in the established Asher Court Office Park.; Excellent Lake Lansing Road location, near MSU.
    Request Owner's contact information
    231 Lake Lansing Rd East Lansing, MI 48823
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    East Lansing, MI 48823
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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
    231 Lake Lansing Rd East Lansing, MI 48823
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