3370 E Jolly Rd, Lansing, MI 48910
- Medical Office Space
- 19,392 SF
- 1.97 lot acres
Current Use by Public Records
- Debbie Lansdell / Physician
- Pamela Corden / Physician
- Broderick Peariso / Physician
- Nathan Tear / Physician
- Linda Hughson / Physician
Property Details for 3370 E Jolly Rd
- Year built
- 2000
- Lot size
- 1.97 lot acres
- Zone code
- C-2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 33-25-05-02-200-035
- APU
- 33250502200035
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 15, 2023 | $2,600,000 | Kre Jup Mi LLC | Fira Capital Holdings INC | Warranty Deed | $1.8M · Team One Cu |
| Jul 17, 2012 | $1,850,000 | Fira Capital Holdings INC | Mid-michigan Developers LLC | Warranty Deed | — |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,445,000
- ML approach
- $2,340,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,425,000
- 6.5%
- $3,160,000
- 7%
- $2,935,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,600,000
Market price range: $384k - $2.45M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,650,000 Current use
- RESTAURANT
- $1,690,000 Change: +3% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,655,000 Change: +0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5058
- Latitude
- 42.6824
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
