1575 Ramblewood Dr East Lansing, MI 48823
For Sale
1 / 17
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.