Property profile & analytics
2827 Eyde Pkwy East Lansing, MI 48823-5368
- Office buildings
- 22,080 SF
- 6.32 lot acres
OFF-MARKET
Value Estimations
$2,850,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1938831
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
- Lansing Community College East Campus / Community College
Property Details for 2827 Eyde Pkwy
- Year built
- 2002
- Lot size
- 6.32 lot acres
- Property size
- 22,080 SF
- Zone code
- RR
- Property type
- Office buildings
- APN
- 33-02-02-20-327-005
- APU
- 33020220327005
Description
This exceptional Class A executive office building, located at 2827 Eyde Parkway in East Lansing, Michigan, presents a unique opportunity for a single tenant to occupy the entire 21,000 square foot space. The two-story building offers a highly desirable location in Ingham County, with easy access to major transportation routes and amenities. The entire building is currently vacant, providing a blank canvas for a discerning business to create its ideal workspace. The property boasts a modern design and high-quality finishes, reflecting its Class A designation. With ample space spread across two floors, this property is suitable for a variety of businesses seeking a prestigious and functional office environment. The single-tenant occupancy ensures privacy and control over the entire premises. The address, 2827 Eyde Pkwy, East Lansing, MI 48823, offers excellent visibility and accessibility. This is a rare opportunity to secure a substantial, high-quality office space in a prime East Lansing location. The property's size and features make it ideal for a company seeking to establish a significant presence in the area. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,310,000
- 6.5%
- $3,055,000
- 7%
- $2,840,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,974,000
- AI Estimate
- $2,519,000
Market price range: $303k - $3.49MMarket price range: $628k - $3.11M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,185,000 Current use
- MEDICAL BUILDING
- $2,720,000 Change: +24% Conversion: Easy
- RESTAURANT
- $2,575,000 Change: +18% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $2,520,000 Change: +15% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,220,000 Change: +2% Conversion: Difficult
- RETAIL STORES
- $1,750,000 Change: -20% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- East Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.4543
- Latitude
- 42.7162
- 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
2019
$58,720
$275,300
$997,100
$1,272,400
-
$550,600
$1,994,200
$2,544,800
