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Court One Medical Professional Center

Off-Market

1515 Lake Lansing Road, Lansing, MI 48912

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  • Property Type Office - Medical Office
  • Property Size 45,829 SF
  • Lot Size 5.01 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1992

Location

  • Walk Score ® Car-Dependent (32)
  • Bike Score ® Somewhat Bikeable (48)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48912
  • Market Detroit

Points of Interest

East Lansing

3.34 miles

Speedway

0.27 miles

Sam's Club

0.54 miles

Mobil

0.76 miles

Lansing Supercharger

0.77 miles

Tesla Destination Charger

0.77 miles

Sunoco

0.85 miles

Citgo

1.32 miles

Speedway

1.32 miles

Sunoco

1.57 miles

Pacific Pride

1.58 miles

Lot 56

1.47 miles

Lot 8

1.89 miles

Lot A

1.92 miles

LCC Lot E6

1.93 miles

Lot B

1.99 miles

Roosevelt Parking Ramp

2.24 miles

South Grand Ramp

2.28 miles

Capitol Lot

2.38 miles

The Oaks

2.39 miles

Allegan Ramp

2.47 miles

Homewood Suites by Hilton Lansing Eastwood

0.59 miles

Hyatt Place

0.71 miles

Fairfield Inn & Suites by Marriott Lansing at Eastwood

0.86 miles

Holiday Inn Express

1.05 miles

Hampton

1.30 miles

Quality Inn University

1.69 miles

Cozy Koi Bed and Breakfast

1.94 miles

Courtyard Lansing Downtown

2.09 miles

Radisson Hotel Lansing at the Capitol

2.21 miles

Kellogg Hotel and Conference Center

2.69 miles

Subway

0.44 miles

Culver's

0.55 miles

Smokey Bones Bar & Fire Grill

0.56 miles

Boston's the Gormet Pizza

0.60 miles

P.F. Chang's

0.60 miles

Bravo

0.63 miles

Mitchell's Fish Market

0.65 miles

Max & Erma's

0.65 miles

Capital Prime

0.67 miles

Subway

0.67 miles

Post Oak Elementary School

0.64 miles

High Street School

0.79 miles

Otto Middle School

0.97 miles

Gier Park School

0.98 miles

Grand River Elementary School

0.99 miles

Sheridan Road School

1.21 miles

Martin Luther High School

1.22 miles

Saint Therese School

1.30 miles

Pattengill Biotechnical Magnet School

1.33 miles

Former Cedar Street Elementary School

1.36 miles

Michigan State University Child Development Laboratories

2.63 miles

Eastminster Child Development Center

3.61 miles

Gilden Woods

5.90 miles

Little Dreamers Daycare Center

5.99 miles

Wilkshire Early Childhood Center

7.09 miles

Gilden Woods Okemos

7.19 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Lansing

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Lansing Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $20.61
  • 2020 Office Vacancy Rate 9.80%
  • 2020 Office Completions (SF)
View more Lansing market trends

Tax

  • Base Tax $103,160
  • Current Tax $91,933
  • Market Value* $3,065,200
  • Assessed Value $3,065,200

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Court One Medical Professional Center?

Court One Medical Professional Center totals 45,829 square feet.

When was this property built?

Court One Medical Professional Center was built in 1992.

What is the market value for Court One Medical Professional Center?

The market value* for Court One Medical Professional Center in 2022 was $3,065,200.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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