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Property profile & analytics
FOR LEASE
Medical Office Space

3370 E Jolly Rd Lansing, MI 48910

19,392 SF 1.97 ac lot Built 2000
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US43-1080855
Property summary
AI-generated overview

This exceptional 20,000-square-foot medical office building, constructed in 2000, presents a unique opportunity for medical professionals. Situated on a 1.97-acre lot in Lansing, Michigan (APN: 33-25-05-02-200-035), this two-story building boasts a highly desirable C-2 zoning. Currently, 9,698 square feet of space is available for lease in a single tenancy. The property features a spacious lobby with a separate reception area, multiple nurses' stations, seven private offices, thirteen private exam rooms, five additional curtain exam areas, two x-ray rooms, and six restrooms. A convenient conference room and break room are also included. This turnkey facility is ideally suited for a variety of medical uses, including physician practices, urgent care centers, or medical spas. Its strategic location on Jolly Road, between Lansing and Okemos, provides easy access to US-127 and surrounding communities such as MSU, Mason, East Lansing, and Holt. The building's previous use as an Advanced Cardiac and Vascular center speaks to its high-quality construction and suitability for medical practices. This is a rare opportunity to acquire a well-appointed medical office building in a thriving location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Total area 19,392 SF
Lot 1.97 ac (85,683 SF)
Zoning code C-2
APN 33-25-05-02-200-035
UPID US43-1080855
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Debbie Lansdell Physician
  • Pamela Corden Physician
  • Broderick Peariso Physician
  • Nathan Tear Physician
  • Linda Hughson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.34M
CAP Approach CAP
$3.16M
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$2.50M
Owner & transaction history
Kre Jup Mi LLC · 3 yrs held
Kre Jup Mi LLC
since 2023
Last sale
$2.6M
2 recorded transactions
2023
$2.6M
2012
$1.9M
Zoning & alternative use
C-2 · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.7M +2.6%
Auto repair, garage $1.7M +0.3%
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