700 Cedar St Mason, MI 48854-1019
- Office buildings
- 2,835 SF
- 0.84 lot acres
Current Use by Public Records
- Payee Resource Inc / Financial Consultant
- atu monitoring / Consultant
- Motors Inc / Car Dealer
- Leo's Bail Bonds / Bail Bonds Service
Property Details for 700 Cedar St
- Year built
- 1990
- Lot size
- 0.84 lot acres
- Property size
- 2,835 SF
- Zone code
- C2
- Property type
- Office buildings
- APN
- 33-19-10-05-152-017
- APU
- 33191005152017
Description
This exceptional 1,400 square foot office space is ideally situated in Mason, Michigan, offering immediate access to US-127 via Exit 36. The property boasts a prime location within a thriving commercial corridor, nestled between established businesses such as McDonald's, Big Boy, and county buildings. Nearby retailers include LAFCU, Taco Bell, Biggby, A&W, Advanced Auto Parts, Arby's, and Family Farm & Home, ensuring high traffic and visibility. The space itself is move-in ready, featuring a current build-out that includes a reception area, three private offices, a large open area, a file room, kitchenette, and restrooms. However, the layout is adaptable to suit individual tenant needs. The property offers easy ingress and egress, high-visibility signage opportunities, and ample paved parking directly in front. Zoned C2-Commercial, this single-suite building within a two-tenant building provides 1,400 contiguous square feet, making it perfect for a variety of businesses. Its proximity to US-127, downtown Mason, and the Ingham County Courthouse further enhances its appeal. This is a rare opportunity to secure a well-located, functional office space in a high-traffic area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $210,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $240,000
- Mixed-Use
- $235,000
- Hospitality
- $255,000
- Educational
- $290,000
- Residential Income
- $230,000
- Energy
- $235,000
- Income-Based Land
- $275,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Mason
- County
- Ingham
- State
- Michigan
- Longitude
- -84.4582
- Latitude
- 42.5902
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA