702 W Lake Lansing Rd East Lansing, MI 48823
Property profile & analytics
702 W Lake Lansing Rd East Lansing, MI 48823
- Medical Office Space
- 18,252 SF
- 4.86 lot acres
Property ID
US43-1542006
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.
Location Intelligence
Current Use by Public Records
- Lansing Ophthalmology: Bueche Michael MD / Physician
- Burnett David OD / Physician
- Lansing Ophthalmology: Doshi James MD / Ophthalmologist
- Lansing Ophthalmology: Biscette O'Neil MD / Ophthalmologist
- Lansing Ophthalmology: Mackersie Deborah MD / Ophthalmologist
Property Details for 702 W Lake Lansing Rd
- Year built
- 1991
- Lot size
- 4.86 lot acres
- Property size
- 18,252 SF
- Zone code
- B4
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 33-20-01-01-400-016
- APU
- 33200101400016
Description
This exceptional 5,000-square-foot medical office space is situated in a prime East Lansing location at 702 W Lake Lansing Rd, 48823, Ingham County, Michigan. The first-floor space offers excellent window exposure and is ready for tenant build-out to meet specific needs. An improvement allowance is available, along with professional space planning assistance. The building itself, constructed in 1991, totals 18,252 square feet and sits on a 4.86-acre lot. The property boasts ample parking with approximately 62 on-site spaces and a 45 KW generator ensuring full building operation. Its high-profile location on Lake Lansing Road near Harrison Road provides excellent visibility and accessibility. The single-tenant occupancy building offers a unique opportunity for medical professionals seeking a well-equipped and conveniently located space. This is a fantastic opportunity to establish or expand your medical practice in a thriving East Lansing community.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,797,000
- AI Estimate
- $1,288,000
Market price range: $838k - $3.09MMarket price range: $848k - $2.36M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,250,000 Current use
- RESTAURANT
- $2,130,000 Change: -5% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,085,000 Change: -7% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,835,000 Change: -18% Conversion: Difficult
- OFFICE BUILDING
- $1,805,000 Change: -20% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.4923
- Latitude
- 42.7611
- 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
$60,596
$635,100
$222,400
$857,500
-
$1,270,200
$444,800
$1,715,000
