1798 Holloway Dr Holt, MI 48842
- Office buildings
- 5,960 SF
Current Use by Public Records
- Michigan Public Health Institute / Medical Clinic
- Sanitation Strategies / Chemical Manufacturer
- The 12 Week Year / Business Management Consultant
- Brian P. Moran / Consultant
- Strategic Breakthroughs / Business Management Consultant
Property Details for 1798 Holloway Dr
- Year built
- 2005
- Property size
- 5,960 SF
- Zone code
- IP
- Property type
- Office buildings
- APN
- 33-25-05-24-276-002
- APU
- 33250524276002
Description
This exceptional 11,700 square foot office/warehouse flex space in Holt, Michigan, presents a unique sublease opportunity. Located at 1798 Holloway Drive, this single-building property offers a blend of traditional office space ideal for a variety of businesses. Constructed in 2007, the building is situated in Ingham County, offering convenient access to local amenities and major transportation routes. The property features a multiple tenancy setup, providing flexibility for businesses of varying sizes. The current tenant's lease has approximately three years remaining, offering immediate occupancy and the potential for a longer-term lease extension, directly negotiated with the owner. This is an excellent opportunity for a business seeking a well-maintained, modern office space in a desirable location with the added benefit of a flexible lease term. The property's address is 1798 Holloway Dr, Holt, MI 48842. The building's classification as a "Traditional Office" within the broader "Office/Warehouse Flex Space" designation highlights its suitability for office-centric operations. This presents a compelling opportunity for businesses seeking a functional and strategically located space in the thriving Holt, Michigan market. The property's size and layout offer considerable adaptability, making it suitable for a range of business needs. The sublease arrangement provides a streamlined entry point to this prime commercial real estate.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,040,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $960,000
- 7%
- $1,155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,060,000
- Geo Method
- $980,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $875,000
- Retail
- $940,000
- Mixed-Use
- $1,135,000
- Hospitality
- $1,160,000
- Educational
- $1,000,000
- Residential Income
- $885,000
- Energy
- $1,025,000
- Income-Based Land
- $860,000
- Food Service
- $910,000
Location Insight
- Map
- Local Demand
- City
- Holt
- County
- Ingham
- State
- Michigan
- Longitude
- -84.487
- Latitude
- 42.6333
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA