1720 Abbey Rd East Lansing, MI 48823-6363
Property profile & analytics
1720 Abbey Rd East Lansing, MI 48823-6363
- Office buildings
- 8,110 SF
- 1.08 lot acres
Property ID
US43-1603092
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Christina Patten / Physician
- David Schuler / Physician
- Richard Lafave / Physician
- Knowing Portable Toilets East Lansing / Building Supply
Property Details for 1720 Abbey Rd
- Year built
- 1999
- Lot size
- 1.08 lot acres
- Property size
- 8,110 SF
- Zone code
- B4
- Property type
- Office buildings
- APN
- 33-20-01-02-251-102
- APU
- 33200102251102
Description
This exceptional 8,880-square-foot Class B office building, situated on a 1.08-acre lot in East Lansing, Michigan (48823), presents a compelling investment opportunity. Built in 1999, the single-story structure features 36 parking spaces and is zoned B4. Currently configured as a multi-tenant property, it includes one tenant with a lease expiring April 30, 2024. Suite A, comprising 6,356 square feet, is available for lease and boasts a spacious reception area, a minimum of 14 treatment rooms, several private offices, and a large training room (20.6 x 45.9 feet). The building's layout is adaptable to suit various tenant needs. The property benefits from a prime location off West Road and the Coleman Road extension, near the bustling Lake Lansing corridor, and enjoys high visibility with monument and building signage opportunities. Nearby businesses include MSUFCU headquarters, Set Seg, and Green Stone Farm Credit Services. Recent improvements include refreshed building aesthetics, parking lot resurfacing, and landscaping enhancements. The asking price is $975,000, translating to $109.80 per square foot. This owner-user investment offers significant potential for both immediate income and long-term growth. The property's APN is 33-20-01-02-251-102.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,215,000
- 6.5%
- $1,125,000
- 7%
- $1,040,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,049,000
- AI Estimate
- $888,000
Market price range: $111k - $1.28MMarket price range: $231k - $1.14M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $805,000 Current use
- MEDICAL BUILDING
- $1,000,000 Change: +24% Conversion: Easy
- RESTAURANT
- $945,000 Change: +18% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $925,000 Change: +15% Conversion: Easy
- AUTO REPAIR, GARAGE
- $815,000 Change: +2% Conversion: Difficult
- RETAIL STORES
- $645,000 Change: -20% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.509
- Latitude
- 42.7659
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$29,790
$188,200
$260,700
$448,900
-
$376,400
$521,400
$897,800
