Property summary
This exceptional investment opportunity presents a six-story, 44,730-square-foot mixed-use professional services building situated on a bustling intersection in Lansing, Michigan. The property boasts a prime location adjacent to the University of Michigan Health - Sparrow campus, offering immediate access to a large pool of potential tenants. Its proximity to Michigan State Capitol, Michigan State University, and the 127 and 496 expressways ensures excellent visibility and convenient transportation links. The building currently features multiple suites on each floor, providing flexibility for customization and build-to-suit options to attract a diverse range of tenants. The sale includes three parcels encompassing the main building and two adjacent parking lots located to the west and north, providing ample parking for 130 vehicles. This presents a unique chance to acquire a substantial property with significant upside potential. The existing structure offers a solid foundation for renovation and repositioning to attract Class-A tenants, generating increased rental income and building equity. This is an ideal opportunity for investors seeking a high-return, mixed-use property in a thriving Michigan market. The 0.68-acre lot provides ample space and potential for future expansion or development.
Property profile
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
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Medical Clinic
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Business Administration Service
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Physician
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Freight Service Logistics Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
F COMM · Lansing, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for F COMM in Lansing, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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