Property profile

3495 Coolidge Rd East Lansing, MI 48823

OFF-MARKET
Office buildings
Property ID
US43-1252602
13,144 SF 1.54 ac lot Built 2002
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional East Lansing office building, located at 3495 Coolidge Rd, presents a compelling investment opportunity. The property, situated on a 1.54-acre lot in Ingham County (APN 33-20-01-02-226-011), boasts 13,144 square feet of space within a single, one-story Class B building constructed in 2002. Currently, the building has a 47% occupancy rate, distributed across two suites. Suite 3495 encompasses 7,004 square feet, while Suite 3497 offers 6,140 square feet. The property is zoned B-4 Office and includes ample parking with 58 spaces. The building's layout is well-suited for a variety of office uses, making it an attractive option for both owner-occupiers and investors. The asking price is $2,100,000. This represents a significant opportunity to acquire a well-located office building in a thriving East Lansing business corridor, offering potential for increased occupancy and strong rental income. The modified lease type and multi-tenancy structure provide flexibility and income diversification. The property's location in the Lake Lansing Road business corridor offers excellent visibility and accessibility. This is a rare opportunity to acquire a substantial office building in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Total area 13,144 SF
Lot 1.54 ac (67,082 SF)
Zoning code B4
APN 33-20-01-02-226-011
UPID US43-1252602

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Insurance Agency
  • Accounting Firm

Location

3495 Coolidge Rd East Lansing, MI 48823-6374
East Lansing metro Census 3802 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$625k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
1969
Price N/A

Zoning & alternative use

B4 · East Lansing, MI
Top alternative use upside
Medical building $1.6M +24.5%
Restaurant $1.5M +17.8%
Commercial (general) $1.5M +15.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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