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Sparrow Professional Building
1200 East Michigan Avenue, Lansing, MI 48912
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- Property Type Office - Medical Office
- Property Size 222,021 SF
- Lot Size 3.9 Acre
- Parking Spaces Avail. 632
- Parking Ratio 2.85/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 1997
- City Lansing, MI
- Zip Code 48912
- Market Detroit
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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.
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)
- Property Tax in 2021 $180,719
- Market Value* $4,747,600
- Assessed Value $4,747,600
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 Sparrow Professional Building?
Sparrow Professional Building totals 222,021 square feet.
When was this property built?
Sparrow Professional Building was built in 1997.
What is the property tax for Sparrow Professional Building?
The property tax for Sparrow Professional Building in 2021 was $180,719.
What is the market value for Sparrow Professional Building?
The market value* for Sparrow Professional Building in 2021 was $4,747,600.
*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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