Entity Owned Property summary
AI-generated overview
This exceptional 2,300 sq ft pediatric dental office space is available for lease in East Lansing, MI. Located at 2121 Abbot Rd, this single-story, 6,228 sq ft building boasts a bright, open lobby designed for children's comfort. The suite features six child-friendly chair spaces, perfect for a thriving practice. Built in 1948 and extensively renovated in 2016, the property is situated on a high-traffic road in Ingham County, ensuring excellent visibility and accessibility for patients. The B1 zoning allows for medical office use. The building includes 35 total parking spaces for staff and patients. This turnkey opportunity offers a seamless transition for a growing pediatric dental practice. The property is conveniently located in East Lansing, MI, zip code 48823. This is an ideal location to establish or expand a successful pediatric dental practice, benefiting from high visibility and a welcoming atmosphere. The space is ready for immediate occupancy.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1948
Total area
6,228 SF
Lot
0.97 ac (42,384 SF)
Zoning code
B1
APN
33-20-01-01-408-008
UPID
US43-1410006
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
-
Dental Office
-
Dental Office
-
Dental Office
-
Dental Office
-
Dental Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$445k
Owner & transaction history
since 2013
2 recorded transactions
Zoning & alternative use
B1 · East Lansing, MI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$445k
Value range
$401k – $490k
±10% around blend
Estimated value / SF
$71 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$401k
blend $445k
$490k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,228 SF
Lot area
0.97 ac
Year built
1948
Stories
1
APN
33-20-01-01-408-008
Zoning
B1
Assessed value
$322,400
Annual tax
$20,724
3
Income approach: direct capitalization
Partial preview
Income approach indication
$810k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$875k
@ 6.5% CAP return
$810k
@ 7% CAP return
$750k
4
Sales comparison
Partial preview
Sales approach indication
$676k
Range $286k – $1.06M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$445k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 33 sales
$123
-42%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $71/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$322k
Move the market yield to see immediate price impact.
Value / SF
$52
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$20k
$406k
$290k
$226k
$23k
$451k
$322k
$251k
$25k
$497k
$355k
$276k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$20,724
Tax year 2019
Assessed value
$322,400
Assessed 2023
Previous assessed
$308,400
+4.5% YoY
Effective rate
6.43%
On assessed value
Assessed land
$169,500
Assessed improvement
$152,900
Land market value
$339,000
Improvement market value
$305,800
Total market value
$644,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1948
Heating
ZONE
Cooling
YES
Stories
1
Total area
6,228 SF
Lot
0.97 ac (42,384 SF)
Zoning code
B1
APN
33-20-01-01-408-008
UPID
US43-1410006
Jurisdiction
INGHAM
Zoning & alternative use
B1 · East Lansing, MIZoning B1 · permitted uses
B1 · East Lansing, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Heating
ZONE
Cooling
Yes
Stories
1
Lot
0.97 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B1
Jurisdiction
East Lansing, MI
Recorded code
B1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B1 in East Lansing, MI.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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