801 Waverly Rd Lansing, MI 48917
- Office buildings
- 36,429 SF
- 1.92 lot acres
Current Use by Public Records
- Compassus / Hospice / Home Health Care Service
- Nationwide Collection Agencies / Insurance Agency
- Evangelical Lutheran Church-Amer / Lutheran Church
- Mark W Teachout Ciccfp & Associates / Financial Planner
- Sunset Detox / Mental Health Service
Property Details for 801 Waverly Rd
- Year built
- 1986
- Lot size
- 1.92 lot acres
- Property size
- 36,429 SF
- Zone code
- G GENER
- Property type
- Office buildings
- APN
- 33-21-01-19-101-015
- APU
- 33210119101015
Description
This exceptional three-story Class B office building, located at 801 S. Waverly Rd in Lansing, Michigan, offers a diverse range of executive office suites for lease. Built in 1986, the property boasts a total of 32,648 square feet, encompassing ten individual suites. The building is ideally situated for businesses seeking convenient access to downtown Lansing and major retail centers. Space options are flexible, ranging from a minimum of 307 square feet to a maximum contiguous space of 10,963 square feet, catering to various business needs and sizes. Multiple tenancy options are available to accommodate diverse occupancy requirements. The building provides ample parking with 300 spaces for tenants and visitors. The property is located in Ingham County, Michigan, with a zip code of 48917. Currently, there is 91,231 square feet of vacant space available for lease. This presents a unique opportunity for businesses to establish a presence in a well-maintained and strategically located office building within a thriving Lansing commercial district. The building's design and amenities make it an attractive option for businesses seeking a professional and efficient workspace. Contact us today to explore leasing opportunities and secure your ideal office space in this prime Lansing location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $925,000
- 7%
- $835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $835,000
- Geo Method
- $860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $715,000
- Retail
- $780,000
- Mixed-Use
- $605,000
- Hospitality
- $720,000
- Educational
- $695,000
- Residential Income
- $675,000
- Energy
- $595,000
- Income-Based Land
- $690,000
- Food Service
- $650,000
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.6019
- Latitude
- 42.7253
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA