Okemos, MI Commercial Land for Sale

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East Lansing, MI Haslett, MI Lansing, MI

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Updated: Jul 29, 2021

Redevelopment Opportunity Near Meridian Mall

Okemos, MI 48864

$3,749,000

29,068 sqft · 4.27 AC lot

Prime redevelopment opportunity across from the Meridian Mall.
4.27 acres with 305 feet of frontage on Marsh Road.
Allows for a 3‑story building suitable for corporate headquarters, office, or hotel.
Convenient location to East Lansing, MSU Campus, Okemos, Haslett, and Williamston.
Surrounded by national retailers (Dick's, Target, Kroger, etc.).

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This listing looks promising.

Here's a quick look at some key insights for

4990 - 5000 Marsh Road, Meridian charter Township, MI 48864

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$200K
Annual
Mortgage

$990K
Recorded
Last Sold

Sep 2025
$1.55M
Property Type

Retail Stores
Built 1979

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Updated: Mar 19, 2025

Okemos Commercial Property For Sale

1930 W Grand River Avenue, Okemos, MI 48864

$2,950,000

44,122 sqft · 1.12 AC lot

High‑traffic location in the Okemos retail corridor with excellent visibility on Marsh and Grand River roads.
2.5‑acre development site with additional parcels and three curb cuts (Marsh Road and Grand River Avenue).
Long‑term lease history with Verizon (30 years).
Updated building including roof and high‑speed fiber internet.
Close proximity to Meridian Mall and Meijer.

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Okemos Commercial Land Opportunity

0.835 - 22 Acres, Atrium Drive, Okemos, MI 48864

$145,490

Multiple commercial lots available near Michigan State University.

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Retail Development Site on Grand River

Okemos, MI 48864

$1,350,000

1,948 sqft · 5.53 AC lot

5.53 acre retail development site with existing building.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Okemos Commercial Land Near MSU

Atrium Dr Lot 1, Okemos, MI 48864

$546,678

Multiple commercial lots available near Michigan State University in Okemos.

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9.05 Acre Development Site

Okemos, MI 48864

$2,250,000

9.05 AC lot

9.05 acre development site with frontage on Grand River.

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Okemos Development Property For Sale

1410 Grand River Ave, Okemos, MI 48864

$4,500,000

20.99 AC lot

20.99 acre development property with 700 FT frontage.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Okemos, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Commercial Land

E Mt Hope Avenue, Lansing, MI 48910

$99,900

0.79 AC lot

Vacant 0.79-acre site zoned Mixed-Use 1, with parking-lot and septic easement terms impacting development planning.

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Prime Retail Land Near Costco

Haslett Rd, East Lansing, MI

$550,000

2.00 AC lot

2-acre vacant land parcel near East Lansing Costco.

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Vacant Land on Michigan Avenue

2650 E Michigan Ave, Lansing, MI 48912

$459,000

Vacant land with frontage on main thoroughfare near shopping.

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Development Opportunity Near MSU Campus

4578 & 4606 Hagadorn Rd, East Lansing, MI 48823

$2,500,000

5.70 AC lot

5.7 Acres ideal for mixed-use development or condominiums.

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Off-Market Properties in Okemos, MI

Consider similar Off-Market properties in Okemos, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

Atrium, Okemos, MI 48864

Unit 15

Value Estimation by Request

2.51 AC lot

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VACANT COMMERCIAL LAND

Atrium, Okemos, MI 48864

Value Estimation by Request

2.04 AC lot

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VACANT COMMERCIAL LAND

4703 Moore St, Okemos, MI 48864

$1,300,000

Estimated value

0.38 AC lot

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VACANT COMMERCIAL LAND

Powell Rd, Okemos, MI 48864

Value Estimation by Request

29.49 AC lot

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VACANT COMMERCIAL LAND

Central Park Dr, Okemos, MI 48864

Value Estimation by Request

5.65 AC lot

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VACANT COMMERCIAL LAND

Central Park Dr, Okemos, MI 48864

Value Estimation by Request

1.19 AC lot

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VACANT COMMERCIAL LAND

Central Park Dr, Okemos, MI 48864

Value Estimation by Request

1.14 AC lot

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VACANT COMMERCIAL LAND

Central Park Dr, Okemos, MI 48864

Value Estimation by Request

2.25 AC lot

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VACANT COMMERCIAL LAND

10 Science Pkwy, Okemos, MI 48864

$1,085,000

Estimated value

2.54 AC lot

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VACANT COMMERCIAL LAND

9 Science Pkwy, Okemos, MI 48864

$1,090,000

Estimated value

1.42 AC lot

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VACANT COMMERCIAL LAND

Central Park Dr, Okemos, MI 48864

Value Estimation by Request

4.66 AC lot

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VACANT COMMERCIAL LAND

Central Park Dr, Okemos, MI 48864

Value Estimation by Request

12.84 AC lot

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VACANT COMMERCIAL LAND

Central Park Dr, Okemos, MI 48864

Value Estimation by Request

13.18 AC lot

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VACANT COMMERCIAL LAND

Times Sq Dr, Okemos, MI 48864

Value Estimation by Request

5.73 AC lot

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VACANT COMMERCIAL LAND

Jolly, Okemos, MI 48864

Value Estimation by Request

0.52 AC lot

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VACANT COMMERCIAL LAND

18 Okemos Rd, Okemos, MI 48864

Value Estimation by Request

0.28 AC lot

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VACANT COMMERCIAL LAND

4825 Okemos Rd, Okemos, MI 48864-1623

Value Estimation by Request

0.28 AC lot

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Okemos, MI Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Okemos, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 75,138 square feet of properties for sale, with an estimated market value of $8,049,000.

Sale prices for commercial lots in Okemos, MI start at $1,350,000, averaging $2,683,000, and reaching up to $3,749,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 24K

Population Growth (5Y) +1.8%

Median Household Income $113,145

College Educated 60.3%

High-Yield Neighborhoods for Investment

Identify Okemos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48864	$2.1M

Taxes & Financing

Tax Rate (average for all types) 5.36%

Property Tax per SF $84.46 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ingham County

New Delisted

Total CRE Inventory on Market (SF)

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Okemos, MI Commercial Land for Sale

Okemos, MI 48864

1930 W Grand River Avenue, Okemos, MI 48864

0.835 - 22 Acres, Atrium Drive, Okemos, MI 48864

Okemos, MI 48864

Atrium Dr Lot 1, Okemos, MI 48864

Okemos, MI 48864

1410 Grand River Ave, Okemos, MI 48864

Opportunities in Nearby Cities

E Mt Hope Avenue, Lansing, MI 48910

Haslett Rd, East Lansing, MI

2650 E Michigan Ave, Lansing, MI 48912

4578 & 4606 Hagadorn Rd, East Lansing, MI 48823

Off-Market Properties in Okemos, MI

Atrium, Okemos, MI 48864

Atrium, Okemos, MI 48864

4703 Moore St, Okemos, MI 48864

Powell Rd, Okemos, MI 48864

Central Park Dr, Okemos, MI 48864

Central Park Dr, Okemos, MI 48864

Central Park Dr, Okemos, MI 48864

Central Park Dr, Okemos, MI 48864

10 Science Pkwy, Okemos, MI 48864

9 Science Pkwy, Okemos, MI 48864

Central Park Dr, Okemos, MI 48864

Central Park Dr, Okemos, MI 48864

Central Park Dr, Okemos, MI 48864

Times Sq Dr, Okemos, MI 48864

Jolly, Okemos, MI 48864

18 Okemos Rd, Okemos, MI 48864

4825 Okemos Rd, Okemos, MI 48864-1623

Okemos, MI Commercial Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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