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Property profile & analytics

221 Lake Lansing Rd East Lansing, MI 48823

  • Office buildings
  • 7,729 SF
  • 8.86 lot acres
Value Estimation
Location Intelligence
Property ID
US43-1845683
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Greater Lansing Surgical: Dan L. Hunt, D.O. / Surgeon
  • Greater Lansing Surgical / Surgeon / Surgical Center
  • Dr. Mujahed M. Abbas, MD / Infectious Disease Physician
  • Astral Compass Tattoo And Art Gallery / Tattoo Artist
  • ZenfinityDesigns® / Artist

Property Details for 221 Lake Lansing Rd

Year built
1990
Lot size
8.86 lot acres
Property size
7,729 SF
Zone code
B4
Property type
Office buildings
APN
33-20-01-01-408-019
APU
33200101408019

Description

This exceptional 7,500 square foot Class B medical office building, located at 221 W. Lake Lansing Rd, Suite 300, in East Lansing, Michigan, presents a unique investment opportunity. Situated in the desirable Asher Court Office Park, this property offers multiple suites, with a minimum divisible space of 2,284 square feet and a maximum contiguous space of 3,927 square feet. Currently, 6,211 square feet is available for lease. The building features a total of two suites, providing flexibility for various medical practices or healthcare-related businesses. Ample free parking is provided for tenants and their clients. The property is conveniently located in Ingham County, with easy access to major roadways and local amenities. The lease rate is $15.75 per square foot, modified gross, and lease terms are negotiable. This presents a compelling opportunity to establish or expand a medical practice in a thriving East Lansing location. The property's zip code is 48823. This is a fantastic opportunity to secure a well-located, functional medical office space in a highly sought-after area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
East Lansing
County
Ingham
State
Michigan
Longitude
-84.4854
Latitude
42.7577
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$112,157
$1,081,100
$447,400
$1,528,500
-
$2,162,200
$894,800
$3,057,000
More about this property
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