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    416 Homer St Lansing, MI 48912

    For Lease
    $15 SF/Yr ($7,959 /Mo)

    Class A Office, 1,274 sq ft Available

    Lot size:
    6,162 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A office space, located at 416 N Homer Street in Lansing, Michigan, offers 1,274 square feet of immediately available space within a single-story building. The property is a traditional office building, also suitable for executive office use, and boasts a total of 6,162 square feet. Currently, one suite is available for lease, providing a flexible layout ideal for a variety of businesses. The building features ample free parking, a significant advantage in a busy urban setting. The property's location in Ingham County, with a Lansing zip code of 48912, provides easy access to major transportation routes and local amenities. The full-service lease is priced at $15.50 per square foot. Multiple suites are available within the building, offering the potential to combine spaces for larger tenants. This presents a unique opportunity to secure a high-quality, well-maintained office space in a desirable location. The building's single-story design offers convenient accessibility. The property is categorized as a traditional office building, but its features also make it suitable for executive office needs. This is a rare opportunity to lease a prime office space in Lansing, Michigan.

    Property Features for 416 Homer St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,162 SF
    Class
    A
    Total Rate
    7959.25

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 107
    Size
    1,274 SF
    Rate per SF
    $15

    HighLights

    • Prime Frandor location.
    • Prestigious Alpha Building.
    • 1,274 square foot suite (Suite 107).
    • Includes all operating expenses in rent.
    • Ample free parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Capital Bankruptcy Bankruptcy Attorney B. Craig Smith ... Doctor Jessica Perry Social Worker LPRK Products Used Auto Parts Store Laura Freeman Marriage Or Relationship Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5091921
    Latitude
    42.7379812

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 1,274 sq ft Available
    Where is this office property / space located?
    The property is located at 416 Homer St Lansing, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Prime Frandor location.; Prestigious Alpha Building.; 1,274 square foot suite (Suite 107).
    Request Owner's contact information
    416 Homer St Lansing, MI 48912
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    Lansing, MI 48912
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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
    416 Homer St Lansing, MI 48912
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