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2200 Coolidge Rd, East Lansing, MI 48823
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Property summary
AI-generated overview
This exceptional office space, located at 2200 Coolidge Road in Ingham County, offers immediate occupancy in a highly visible location. Situated on the well-lit corner of Lake Lansing and Coolidge Roads, this property boasts convenient access to US-127 and enjoys a prominent position directly across from a major Meijer supermarket. The available space is part of a multi-tenant building and offers flexible options ranging from 1,127 square feet to a maximum contiguous space of 5,409 square feet. Ideal for businesses seeking a high-traffic location with excellent visibility, this property presents a unique opportunity to establish a strong presence in a thriving commercial area. The property is categorized as retail and office space, specifically executive office, storefront, and strip center subtypes. The building's address is 2200 Coolidge Road, and it offers multiple tenancies. The building's total square footage is not specified. Now offering Sunday hours for added convenience. This is a fantastic opportunity for businesses seeking a prominent and accessible location in a busy commercial area. The space is ready for immediate occupancy.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Total area
23,461 SF
Lot
3.3 ac (143,748 SF)
Zoning code
B5
APN
33-20-01-01-302-044
UPID
US43-1480306
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
-
(Bike/Boat/Book/etc) Store
-
(Bike/Boat/Book/etc) Store
-
Hair Salon
-
Charitable Organization
-
Nail Salon
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$875k
Owner & transaction history
Zoning & alternative use
B5 · East Lansing, MI
Top alternative use upside
Medical building
$2.9M
+92.1%
Restaurant
$2.7M
+81.7%
Commercial (general)
$2.7M
+78.0%
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.
Full NOI build-up · 6 steps
8 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$875k
Value range
$788k – $963k
±10% around blend
Estimated value / SF
$37 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$788k
blend $875k
$963k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
23,461 SF
Lot area
3.3 ac
Year built
1987
Stories
1
APN
33-20-01-01-302-044
Zoning
B5
Assessed value
$1,157,700
Annual tax
$84,808
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$84,808
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.87M
Range $897k – $2.11M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$875k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 19 sales
$64
-42%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $37/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+92%
vs current-use indication
Restaurant
Commercial (general)
Auto Repair, Garage
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
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
Market benchmark
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
NOI build-up · 9 steps
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$533k
Move the market yield to see immediate price impact.
Value / SF
$23
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%
$34k
$671k
$480k
$373k
$37k
$746k
$533k
$414k
$41k
$821k
$586k
$456k
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
$84,808
Tax year 2019
Assessed value
$1,157,700
Assessed 2023
Previous assessed
$1,106,400
+4.6% YoY
Effective rate
7.33%
On assessed value
Assessed land
$862,500
Assessed improvement
$295,200
Land market value
$1,725,000
Improvement market value
$590,400
Total market value
$2,315,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1987
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
23,461 SF
Lot
3.3 ac (143,748 SF)
Zoning code
B5
APN
33-20-01-01-302-044
UPID
US43-1480306
Jurisdiction
INGHAM
Zoning & alternative use
B5 · East Lansing, MIZoning B5 · permitted uses
B5 · 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
1987
Heating
YES
Cooling
Yes
Stories
1
Lot
3.3 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B5
Jurisdiction
East Lansing, MI
Recorded code
B5
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B5 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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