1000 Long BlvdLansing, MI 48911

Property Details for 1000 Long Blvd

Year built

1972

Lot size

2.02 AC

Property size (Sq ft)

26,739 SF

Zone code

F COMM

Property type

Office properties

Property subtype

Office buildings

APN

33-01-05-10-304-022

APU

33010510304022

Description

This Lansing, MI office property, located at 1000 Long Blvd, offers flexible space in a two-building campus totaling 18,000 square feet. The property features executive, creative, and traditional office suites, with a minimum divisible space of 90 square feet and a maximum contiguous space of 6,000 square feet. Currently, six spaces are available. Built in 2010, the three-story Class C building boasts updated common areas, including bright hallways and handicap accessibility with ramps and elevators. The property provides 300 parking spaces and is conveniently located near I-96, offering excellent visibility from the expressway. On-site management and maintenance are included, along with janitorial services. The property is zoned for professional use and has an Ingham County APN of cpixtax. Utilities are provided by BWL. The property is ideal for small businesses or startups seeking move-in ready suites with easy lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,672,737

  6.5%

  $1,544,065

  7%

  $1,433,775

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,501,166

  Geo Method

  $2,501,166

• Alternative Use

  Use

  Valuation

  Residential

  $1,914,640

  Hospitality

  $1,753,800

  Educational

  $1,459,141

  Medical

  $1,509,324

  Retail

  $2,269,776

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.6592

Longitude

-84.5386

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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