Property profile

1760 Abbey Rd Unit 2ND 2nd East Lansing, MI 48823

FOR LEASE
Office buildings
Property ID
US43-0228632
20,710 SF 2.44 ac lot Built 1997
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional East Lansing office space, located at 1760 Abbey Rd, 2nd Floor, offers a variety of flexible workspace solutions. The property is situated in Ingham County, Michigan, and boasts nine available spaces ranging in size from 11 square feet to 1,292 square feet, catering to diverse business needs. The building offers a traditional office layout, executive office suites, and coworking options, providing multiple tenancy arrangements. The address places the property conveniently near Abbot Road Park, offering a tranquil escape from the city center while still maintaining easy access to shops and restaurants. The bright, open-plan offices provide a comfortable and stylish work environment. Modern amenities include easily bookable meeting rooms accessible via a convenient app. This prime location in East Lansing, with its zip code 48823, presents a unique opportunity for businesses seeking a blend of productivity and convenience. The property type is classified as an office building, and while the total square footage is not currently specified, the available spaces offer a range of sizes to accommodate various business requirements. This is an ideal location for businesses seeking a vibrant and accessible workspace in a desirable East Lansing setting.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Total area 20,710 SF
Lot 2.44 ac (106,286 SF)
Zoning code B4
APN 33-20-01-02-251-101
UPID US43-0228632

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Physician
  • Law Firm
  • Real Estate Agency
  • Real Estate Agency

Location

1760 Abbey Rd Unit 2ND, Unit 2nd East Lansing, MI 48823
East Lansing metro Census 3802 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.87M
Comparable Approach Comparable
$2.54M
Blend (final) Blend
$4.17M

Owner & transaction history

since 2023
Last sale
$3.0M
5 recorded transactions
2023
$3.0M
2023
$2.7M
2018
Price N/A
2009
$26,000
2009
$44,083

Zoning & alternative use

B4 · East Lansing, MI
Top alternative use upside
Medical building $2.6M +24.5%
Restaurant $2.4M +17.8%
Commercial (general) $2.4M +15.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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