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Property profile & analytics

740 W Lake Lansing Rd East Lansing, MI 48823

  • Office buildings
  • 7,900 SF
  • 5.92 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1154425
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.

Current Use by Public Records

  • Law Office of Ying Beher / Family Law Attorney / Real Estate Attorney
  • Deborah J. Weathers, LLPC / Counselor / Doctor
  • Tant Judy L MD / Psychologist
  • Nancy Warnars / Counselor / Practitioner Service Location
  • Absolute Choices Today Counseling / Counselor

Property Details for 740 W Lake Lansing Rd

Year built
1994
Lot size
5.92 lot acres
Property size
7,900 SF
Zone code
B5
Property type
Office buildings
APN
33-20-01-01-301-013
APU
33200101301013

Description

This exceptional 1,738 square foot executive office suite is located at 740 W Lake Lansing Rd in East Lansing, Michigan, within a Class B office building. Built in 1994, the property offers a total of 8,000 square feet and features ample parking. The suite is part of a multi-tenant building, offering a professional and collaborative environment. The address is conveniently situated in Ingham County, with easy access to local amenities and transportation networks. This single-suite building presents a unique opportunity for businesses seeking a well-maintained and readily available office space. The space is immediately available and ready for occupancy. The building's 1994 construction provides a solid foundation, while the ample parking ensures convenient access for employees and clients. The location in East Lansing, Michigan, offers a vibrant and dynamic business environment. This executive office suite is perfect for a company seeking a professional and efficient workspace in a prime location. The 1,738 square feet provide ample room for various office configurations, catering to the needs of a growing business. The property's Class B designation reflects its well-maintained condition and desirable features. Don't miss this chance to secure this exceptional office space.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,185,000
    6.5%
    $1,095,000
    7%
    $1,015,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,247,000
    Market price range: $108k - $1.25M
    AI Estimate
    $1,111,000
    Market price range: $225k - $1.11M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $780,000
    Current use
    MEDICAL BUILDING
    $975,000
    Change: +24% Conversion: Easy
    RESTAURANT
    $920,000
    Change: +18% Conversion: Moderate
    COMMERCIAL (GENERAL)
    $900,000
    Change: +15% Conversion: Easy
    AUTO REPAIR, GARAGE
    $795,000
    Change: +2% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
East Lansing
County
Ingham
State
Michigan
Longitude
-84.4934
Latitude
42.7622
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
2022
$48,135
$485,800
$170,200
$656,000
-
$971,600
$340,400
$1,312,000
More about this property
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