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    315 Lake Lansing Rd East Lansing, MI 48823

    Sponsored
    For Lease
    $15 SF/Yr ($9,375 /Mo)

    Class B Office Space Near MSU

    Lot size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 7,500 square foot Class B office building, constructed in 2005, offers a variety of executive office suites for lease in East Lansing, Michigan. Located in Ingham County, near Michigan State University, this property boasts a prime location within the city's thriving office business district. The building is currently multi-tenant, with 4,839 square feet of vacant space available. Individual suites range from a minimum of 642 square feet to a maximum contiguous space of 2,579 square feet, providing flexibility for businesses of various sizes. The building's address is 315 W Lake Lansing Rd, East Lansing, MI 48823. This presents a unique opportunity for businesses seeking modern, well-located office space in a vibrant and convenient area. The building's traditional office layout offers a professional and functional workspace. The property's B classification reflects its solid construction and functional design, making it an attractive option for businesses seeking a balance of quality and affordability. Its proximity to Michigan State University provides access to a large talent pool and a dynamic community atmosphere. Interested parties are encouraged to inquire about available suite sizes and lease terms. The building offers a convenient and accessible location for employees and clients alike. This is an excellent opportunity to establish a presence in a desirable East Lansing business district.

    Property Features for 315 Lake Lansing Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF
    Class
    B
    Total Rate
    9375

    Building Details

    Year Built
    2005

    Unit(s) available at that property

    Space
    Suite 600
    Size
    2,579 SF
    Rate per SF
    $15
    Space
    Suite 200
    Size
    1,618 SF
    Rate per SF
    $15

    HighLights

    • 642 SF turnkey counseling office suite available.
    • Two contiguous suites totaling 4,197 square feet.
    • Prime location in East Lansing's central business district.
    • Excellent access to US‑127.
    • Proximity to Michigan State University campus.
    Property Profile Location Intelligence

    Current Use by Public Records

    W D Guerre ... Insurance Broker Trillium Drivers Employment Agency Caitlin Thompson Counselor YP Advertising Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4867776
    Latitude
    42.7584769

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    FAQs

    What type of property is this?
    Office Property / Space - Class B Office Space Near MSU
    Where is this office property / space located?
    The property is located at 315 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: 642 SF turnkey counseling office suite available.; Two contiguous suites totaling 4,197 square feet.; Prime location in East Lansing's central business district.
    Request Owner's contact information
    315 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
    315 Lake Lansing Rd East Lansing, MI 48823
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