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    Property profile & analytics
    OFF-MARKET Estimated value $1,620,000
    Office buildings

    1005 Charlevoix Dr, Grand Ledge, MI 48837-2432

    14,590 SF 1.39 ac lot Built 1997
    Entity Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US43-2360661
    Property summary
    AI-generated overview

    This newly renovated 1,202 square foot office suite, located at 1005 Charlevoix Drive in Grand Ledge, Michigan, presents a fantastic opportunity for a business seeking a modern and efficient workspace. Situated in a Class B building constructed in 1997, this single-tenant space boasts a prime location within a 14,590 square foot building, offering ample parking with approximately 64 designated spaces. The suite features two private offices, open office space, a private restroom, and a break room, providing a functional layout for various business needs. Its convenient location offers excellent visibility and accessibility, being close to the Saginaw Highway/M-100 intersection, and within five minutes of Meijer, numerous restaurants, and downtown Grand Ledge. The property sits on a 1.39-acre lot and is zoned B-1 Office. The suite benefits from good window exposure and is adjacent to several medical offices, including University of Michigan Health - Sparrow and McLaren Greater Lansing, making it an attractive location for businesses in related fields. Remodeling or redecorating options are available to customize the space to meet specific requirements. The building offers convenient, lighted, and free doorstep parking. This is a rare opportunity to secure a well-appointed office space in a thriving Grand Ledge location. The property's APN is 400-063-605-004-02.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1997
    Total area 14,590 SF
    Lot 1.39 ac (60,418 SF)
    Zoning code B-1
    APN 400 063 605 004 02
    UPID US43-2360661
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Deborah L. MacKersie, MD Ophthalmologist
    • Edward Jones - Financial Advisor: Kiersten Noall Pacino Financial Advisor
    • Dr. Barbara Saxena Pediatrician Physician
    • Paul Lang Physician
    • ERICA LUCIER Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.62M
    Blend (final) Blend
    $1.62M
    Owner & transaction history
    L O Ventures LLC · 17 yrs held
    L O Ventures LLC
    since 2008
    1 recorded transaction
    2008
    $1.1M
    Zoning & alternative use
    B-1 · Grand Ledge, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.6M +40.4%
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