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    FOR SALE
    Office buildings

    1675 Watertower Pl, East Lansing, MI 48823

    12,156 SF 0.55 ac lot Built 2005
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US43-0969808
    Property summary
    AI-generated overview

    This exceptional Class A medical office space, located at 1675 Watertower Place in East Lansing, Michigan, offers 2,661 square feet of immediately available space within a larger 14,912 square foot building. The property is ideally situated for convenient access to US-127, making it an attractive location for medical professionals and their patients. The suite is well-appointed and ready for immediate occupancy. The building itself is classified as Class A, reflecting its high-quality construction and amenities. The property is designated as a multi-tenant building, offering a collaborative and professional environment. The specific address is 1675 Watertower Pl, East Lansing, MI 48823, within Ingham County. This listing presents a unique opportunity to secure prime medical office space in a desirable East Lansing location. The available space is part of a larger building, providing ample room for growth or collaboration with other medical professionals. The property's convenient location and Class A designation make it a highly sought-after opportunity in the competitive East Lansing market. The 2,661 square feet of vacant space is ready for immediate customization to suit the needs of a new tenant. This is an excellent chance to establish or expand a medical practice in a thriving community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2005
    Total area 12,156 SF
    Lot 0.55 ac (24,089 SF)
    Zoning code B4
    APN 33-20-01-02-226-104
    UPID US43-0969808
    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
    • Davita Dialysis Medical Clinic
    • Messina Neurology Medical Clinic
    • Jeffrey Johnson Medical Clinic Hospital
    • Augustin Law Offices Law Firm
    • Christina Glenn Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Zachary Micahel Hendrix · 4 yrs held
    Zachary Micahel Hendrix
    since 2021
    Last sale
    $155,000
    3 recorded transactions
    2021
    $155,000
    2020
    2008
    Zoning & alternative use
    B4 · East Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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