Property profile & analytics
2505 Showtime Dr Lansing, MI 48912-5611
- Office buildings
- 9,531 SF
- 0.05 lot acres
OFF-MARKET
Value Estimations
$880,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-3301545
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.
Current Use by Public Records
- The Vista At The Heights / Real Estate Agency
Property Details for 2505 Showtime Dr
- Year built
- 2015
- Lot size
- 0.05 lot acres
- Property size
- 9,531 SF
- Zone code
- PD
- Property type
- Office buildings
- APN
- 33-21-01-02-127-002
- APU
- 33210102127002
Description
This exceptional 9,531 square foot retail/office/service space is ideally situated at the north end of the prestigious Eastwood Towne Center, a luxury lifestyle center. The first-floor location offers unparalleled visibility and accessibility. A significant advantage is its placement directly beneath 142 residential apartment units, providing a built-in customer base and potential for synergistic opportunities. The property boasts a Class A designation and was constructed in 2015, ensuring modern amenities and efficient design within a 120,698 square foot building. Its strategic location offers easy access to the Lake Lansing/US-127 interchange, placing it within a short commute of both Michigan State University (less than 5 miles north) and downtown Lansing (less than 6 miles northeast). Ample parking is readily available both within the building's immediate vicinity and in adjacent areas, ensuring convenient access for employees, clients, and visitors. The space is part of a multi-tenant building, offering a vibrant and collaborative environment. This prime location and substantial square footage present a unique opportunity for businesses seeking a high-profile presence in a thriving community. The property is categorized as both Traditional Office and Executive Office space, catering to a variety of business needs.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $888,000
- AI Estimate
- $721,000
Market price range: $442k - $1.24MMarket price range: $323k - $971k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $785,000 Current use
- RESTAURANT
- $830,000 Change: +6% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $815,000 Change: +3% Conversion: Difficult
- MEDICAL BUILDING
- $810,000 Change: +3% Conversion: Easy
- RETAIL STORES
- $680,000 Change: -13% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5151
- Latitude
- 42.7675
- 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
$27,013
$16,500
$479,900
$496,400
-
$33,000
$959,800
$992,800
