2500 Kerry St Lansing, MI 48912
- Office buildings
- 20,362 SF
- 3.08 lot acres
Current Use by Public Records
- Brenton Law Group PC / Law Firm
- Sylvan Learning of Lansing/East Lansing / Tutoring Service
- SageView Advisory Group / Financial Advisor
- Prometric - 2306: Lansing (Suite # 200) / Training Center
- Blackwater Marketing / Advertising Agency / Marketing & Advertising
Property Details for 2500 Kerry St
- Year built
- 1985
- Lot size
- 3.08 lot acres
- Property size
- 20,362 SF
- Zone code
- F COMME
- Property type
- Office buildings
- APN
- 33-21-01-02-402-008
- APU
- 33210102402008
Description
This exceptional office property, located at 2500-2510 Kerry Street in Lansing, Michigan, offers 16,570 square feet of versatile space. Situated in the East submarket cluster, this multi-tenant building enjoys a highly desirable location at the intersection of US-127 and Lake Lansing Road, directly across from the Eastwood Towne Center. The property provides a professional and attractive work environment, ideal for a variety of businesses. Ample on-site parking is available for tenants and their clients, ensuring convenient access. The building's address is 2500 Kerry Street, Lansing, MI 48912. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the Lansing area. The property is classified as an office building with multiple tenancies, providing flexibility for businesses of various sizes. The building's location in the East submarket of Lansing places it within a thriving commercial district, offering easy access to amenities, transportation routes, and a strong workforce. This is a rare opportunity to secure high-quality office space in a highly sought-after location. Interested parties are encouraged to inquire for further details and availability.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,490,000
- 6.5%
- $3,225,000
- 7%
- $2,995,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,398,000
- AI Estimate
- $1,947,000
Market price range: $945k - $2.65MMarket price range: $689k - $2.07M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,680,000 Current use
- RESTAURANT
- $1,775,000 Change: +6% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,735,000 Change: +3% Conversion: Difficult
- MEDICAL BUILDING
- $1,730,000 Change: +3% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5123
- Latitude
- 42.7594
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
