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    OFF-MARKET
    Office buildings

    800 Thomas L Pkwy, Lansing, MI 48917

    4,980 SF 0.56 ac lot Built 1968
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-2226203
    Property summary
    AI-generated overview

    This 4,980 square foot, two-story Class C office building, situated on a 0.56-acre lot in Lansing, Michigan (APN 04006050066100), presents a compelling investment opportunity. Built in 1968, the property features a large parking lot with 29 spaces and is conveniently located off W. Saginaw Hwy in Delta Township. The building boasts recent upgrades, including a new waterproofing system installed by Foundation Systems of Michigan, two new sump pumps, and new baseboard heaters. Fresh paint and modernized interiors enhance the appeal. The lower level offers handicap access, two large restrooms, and plumbing for two additional fixtures. The upper floor, accessible from both ends of the building, features completely new bathrooms and flooring. Large open work areas provide flexibility for various configurations. Security features include outside lighting, motion sensors, and a camera system installed by Guardian Alarm. The property is currently vacant and zoned O, offering immediate occupancy and diverse potential uses as either medical or traditional office space. This is a turnkey opportunity for immediate income generation or adaptive reuse.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1968
    Total area 4,980 SF
    Lot 0.56 ac (24,394 SF)
    Zoning code NONE
    APN 040 060 500 661 00
    UPID US43-2226203
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Legacy Dream Center Vocational School Training Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ghost Properties LLC · 1 yrs held
    Ghost Properties LLC
    since 2025
    3 recorded transactions
    2025
    $170,000
    2016
    $160,000
    2006
    $340,000
    Zoning & alternative use
    NONE · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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