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Property profile & analytics

5015 Cedar St Lansing, MI 48910

  • Office buildings
  • 72,000 SF
  • 7.21 lot acres
Value Estimation
$1,050,000
Location Intelligence
Property ID
US43-1262632
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

  • Professional In Home TV Repair - Lansing / Television Repair Service
  • Jolly Cedar Sq / Shopping Mall
  • Financial Wize Mortgage Lenders Lansing MI / Health Consultant / Nursing Home
  • GC Services / Call Center
  • Eyde Construction Co / General Contractor

Property Details for 5015 Cedar St

Year built
1962
Lot size
7.21 lot acres
Property size
72,000 SF
Zone code
F COMM
Property type
Office buildings
APN
33-01-01-33-482-043
APU
33010133482043

Description

Jolly/Cedar Plaza offers exceptional executive office space in Lansing, Michigan. This 72,000 square foot building provides multiple tenancy options, with a minimum divisible space of 1,085 square feet and a maximum contiguous space of 18,361 square feet. Currently, there are 24,676 square feet of vacant space available, perfect for businesses of various sizes seeking a prestigious location. The building is situated at 5015 S Cedar St, Lansing, MI 48910, within Ingham County. The available spaces range from smaller, efficient layouts ideal for startups or smaller teams, to larger suites suitable for established companies requiring significant space. This prime location offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. The building's executive office subtype caters to businesses seeking a professional and sophisticated work environment. The flexible space options allow for customization to meet individual business needs, ensuring a comfortable and productive workspace. Interested parties are encouraged to inquire about the available space and lease terms to find the perfect fit for their business operations. This is an excellent opportunity to establish a presence in a thriving Lansing business community. Contact us today to schedule a viewing and explore the possibilities.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $995,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,305,000
    6.5%
    $1,460,000
    7%
    $1,310,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,395,000
    Geo Method
    $1,135,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,210,000
    Retail
    $1,255,000
    Mixed-Use
    $1,250,000
    Hospitality
    $1,380,000
    Educational
    $1,350,000
    Residential Income
    $1,100,000
    Energy
    $1,060,000
    Income-Based Land
    $1,080,000
    Food Service
    $1,075,000

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5463
Latitude
42.6839
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
2020
$106,588
$460,900
$1,418,700
$1,879,600
-
$921,800
$2,837,400
$3,759,200
More about this property
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