Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2500 Cedar St Holt, MI 48842-2158
    Back to Search
    Property profile & analytics

    2500 Cedar St Holt, MI 48842-2158

    View on Map
    • Medical Office Space
    • 2,004 SF
    • 0.55 lot acres
    For Sale
    View Listing →
    Holt Office Building For Sale For Sale
    Contact for pricing
    1,902 SF

    Holt Office Building For Sale

    Well-maintained 1,902 SF office building in Holt, MI.

    2500 North Cedar Street, Holt, MI 48842
    View Listing
    Property ID
    US43-1183235
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Michael J. Novello, DDS / Dental Office
    • Dr. Roxanne Ford / Dental Office

    Property Details for 2500 Cedar St

    Year built
    1979
    Lot size
    0.55 lot acres
    Property size
    2,004 SF
    Zone code
    C-2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    33-25-05-15-202-002
    APU
    33250515202002

    Description

    This 1,902 square foot medical office building, located at 2500 N Cedar St, Holt, MI 48842, presents a unique opportunity. Situated in Ingham County, this single-tenant Class B building was constructed in 1979 and features a versatile layout ideal for various medical practices. The property boasts ample parking and is conveniently located near the I-96 and Cedar St interchange, ensuring easy access for both patients and staff. Its C2 zoning within the desirable Delhi Township provides flexibility for potential customization. The building's enduring construction and established presence in the area make it an attractive option for businesses seeking a well-maintained and easily accessible location. This Holt, Michigan property offers a prime opportunity to establish or expand a medical practice in a thriving community. The address is 2500 N Cedar St, at the cross streets of N Cedar St & Willoughby Rd.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Holt
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5318
    Latitude
    42.6546
    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
    2022
    $7,532
    $25,800
    $108,400
    $134,200
    -
    $51,600
    $216,800
    $268,400

    Comparable in this City

    • Value Estimation
      $670,000
      7,025 SF

      2073 Aurelius Rd

      MEDICAL BUILDING • 7,025 SF
      2073 Aurelius Rd, Holt, MI 48842-1331
      View Details
    • Value Estimation by Request
      2,583 SF

      4221 Charlar Dr, Unit 4

      MEDICAL BUILDING • 2,583 SF
      4221 Charlar Dr, Holt, MI 48842-6804
      View Details
    • Value Estimation
      $605,000
      4,739 SF

      2040 Aurelius Rd Ste, Unit 4

      MEDICAL BUILDING • 4,739 SF
      2040 Aurelius Rd Ste, Holt, MI 48842-1367
      View Details
    • Value Estimation by Request
      1,888 SF

      2123 Aurelius Rd

      MEDICAL BUILDING • 1,888 SF
      2123 Aurelius Rd, Holt, MI 48842-1333
      View Details
    • Value Estimation by Request
      4,513 SF

      4378 Holt Rd

      MEDICAL BUILDING • 4,513 SF
      4378 Holt Rd, Holt, MI 48842-1634
      View Details
    • Value Estimation
      $695,000
      6,315 SF

      2040 Aurelius Rd Ste, Unit 6

      MEDICAL BUILDING • 6,315 SF
      2040 Aurelius Rd Ste, Holt, MI 48842-1367
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,400 SF

      Holt Road Commercial Property

      Versatile commercial property in high-traffic area, ideal for professional uses.
      4378 Holt Rd, Holt, MI 48842
      View Details
    • $1,390,000
      11,700 SF

      Office and Warehouse on 2.45 Acres

      Office and warehouse on 2.45 acres in Delhi Charter Township.
      1798 Holloway Dr, Holt, MI 48842
      View Details
    • Contact for pricing

      Land Development Opportunity in Holt

      Land available for retail, office, or industrial development.
      Holt Rd, Holt, MI 48842
      View Details
    • Contact for pricing

      Retail/Office Suites in Holt

      Retail and office suites available in Holt, Michigan.
      1995 N Cedar St, Holt, MI 48842
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Modern Office Space in Holt

      State-of-the-art office space with excellent visibility and accessibility.
      2101 North Aurelius Rd, Holt, MI 48842
      View Details
    • Contact for pricing

      Office/Medical Suites for Lease

      Office and medical suites available for lease in Delhi Township.
      2450 Delhi Commerce Dr, Holt, MI 48842
      View Details
    • $750 /Mo
      775 SF

      Affordable Office Suite For Rent

      775 sq ft office suite available for $750/month.
      3929 Holt Rd, Holt, MI 48842
      View Details
    • Contact for pricing

      Established Retail Center in Holt

      Neighborhood retail center with high traffic and excellent visibility.
      2040 N Aurelius Rd, Holt, MI 48842
      View Details
    • Contact for pricing

      Retail Center at Cedar & Willoughby

      125,000 SF retail center in a high-traffic location.
      2495 Cedar St, Holt, MI 48842
      View Details
    • Contact for pricing

      Holt Restaurant Opportunity with Drive-Thru

      Turn-key restaurant space with drive-thru in high-traffic location.
      2350 Cedar St, Holt, MI 48842
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2500 Cedar St
    Holt, MI 48842-2158
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2500 Cedar St, Holt, MI, 48842
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!