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Property profile & analytics
FOR SALE
Medical Office Space

1575 Ramblewood Dr East Lansing, MI 48823

20,410 SF Built 2001
Property ID
US43-Q012165
Property summary
AI-generated overview

Nestled in the thriving East Lansing area, this impressive property features a 20,410 SF building comprised of 4 distinct units. Built in 2001 and zoned B4, the property boasts a prime location and ample space ideal for a range of educational or specialty use opportunities. The contemporary construction and favorable unit count offer flexibility and functionality, while the desirable location enhances its investment potential. With a strong foundation, attractive zoning, and excellent space utilization, this property presents itself as a compelling prospect for Special Purpose/School investors seeking a well-positioned and adaptable asset in the heart of East Lansing. Prime East Lansing location just off Coolidge Road with strong visibility and excellent accessibility.Long‑standing medical use as the main office of Lansing Neurosurgery Mid‑Michigan’s premier neurosurgical provider.High‑quality construction from 2001 zoned B-4 totaling 20,410 SF across four professional units on 2 floors.Proven suitability for medical and professional office operations due to decades of successful specialty medical use.Seller lease‑back through 12/31/26 providing immediate stable income and continuity of occupancy.

Property profile
Verified
Property type Medical Office Space
Year built 2001
Total area 20,410 SF
UPID US43-Q012165
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
  • Dr. William P. Gifford, MD Pediatrician Physician
  • Karl Dunn Physician
  • John Jerome Physician Medical Clinic
  • Dr. Omar Qahwash Physician
  • MOHAMED ELNABTITY, MD EXPERT WITNESS Physician
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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