2546 Jolly Rd Lansing, MI 48911
- Strip malls
- 6,050 SF
- 1.33 lot acres
Current Use by Public Records
- Jersey Giant Submarines Inc / Sandwich Shop / Fast Food Restaurant
- Verizon / Cell Phone Store / Electronics Store
- BIGGBY COFFEE / Cafe / Coffee Shop
Property Details for 2546 Jolly Rd
- Year built
- 1992
- Lot size
- 1.33 lot acres
- Property size
- 6,050 SF
- Zone code
- C-3
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 33-25-05-02-126-007
- APU
- 33250502126007
Description
This exceptional 1,200 square foot executive office suite is located within the thriving Five Oaks Park retail center in Ingham County. The space is part of a multi-tenant building and offers a highly visible location with prominent signage on a pylon sign. Benefit from generous on-site parking, ensuring convenient access for clients and employees. Five Oaks Park enjoys a strong tenant mix, including established businesses such as Jersey Giant, Biggby Coffee, Verizon, and S Nail Lounge, creating a vibrant and attractive environment. The property's strategic location provides easy access to major thoroughfares, including US-127, I-496, and I-96, enhancing accessibility for both employees and customers. Furthermore, the area boasts a significant residential population, with over 2,300 apartments within a one-mile radius, providing a substantial customer base. Nearby amenities include McDonald's, Tim Horton's, and Leo's Lodge, adding to the convenience and appeal of this location. This is an excellent opportunity for a business seeking a high-visibility, well-located office space in a bustling retail environment. The suite is immediately available. The total building square footage is not currently available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $400,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $440,000
- Mixed-Use
- $405,000
- Hospitality
- $355,000
- Educational
- $435,000
- Residential Income
- $420,000
- Energy
- $420,000
- Income-Based Land
- $360,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.514
- Latitude
- 42.6824
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA