Property profile

912 Coolidge Rd 53 East Lansing, MI 48823

OFF-MARKET
Office buildings
Property ID
US43-5161339
1,416 SF 0.22 ac lot Built 1948
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This 2,548 square foot, two-story creative office building in East Lansing, MI is available for $339,000 ($133.05/sq ft). Located at 912 Coolidge Rd, 48823, this vacant property boasts a prime location minutes from US-127, Frandor Shopping Center, and Michigan State University. Built in 1948 and extensively renovated in 2003 and 2018 (including a new HVAC system), the building features unique architectural details such as stone and Dryvit Stucco exterior, an antique wrought-iron fence, an outdoor patio, leaded-glass windows, an interior fountain, renaissance hardware, and a hand-carved Italian fireplace. The main level (1,574 sq ft) includes a reception area, two large open spaces, four private offices, a restroom, and a breakroom. The upper level offers 521 sq ft of office space and 567 sq ft of bonus cold storage. A finished basement (453 sq ft) provides additional space with a second fireplace and a bathroom. The property is zoned B1 and has ample parking shared with neighboring businesses including State Farm Insurance and Play, Build, Grow Therapy. Its proximity to major roadways and amenities makes it ideal for a variety of professional uses. The previous tenant experienced significant growth in their business while occupying this space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1948
Total area 1,416 SF
Lot 0.22 ac (9,453 SF)
Zoning code B1
APN 33-20-01-12-307-012
UPID US43-5161339

Cap rate & NOI

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

Location

912 Coolidge Rd, Unit 53 East Lansing, MI 48823-2414
East Lansing metro Census 3801 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2025
Last sale
$264,200
6 recorded transactions
2025
$264,200
2022
Price N/A
2017
Price N/A
2013
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B1 · East Lansing, MI

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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