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Property profile & analytics
OFF-MARKET Estimated value $1,220,000
Office buildings

2853 Jolly Rd 4 Okemos, MI 48864-3547

9,654 SF 1.34 ac lot Built 1987
Entity Owned Free & Clear
Property ID
US43-1156816
Property summary
AI-generated overview

This exceptional 9,654 square foot office building in Okemos, MI, presents a unique investment opportunity. Located at 2853 Jolly Road, Unit 2853, the property sits on a 1.34-acre lot and boasts a park-like setting with mature landscaping. The building currently houses Future Media Corporation, a thriving broadcast-quality media, video, and events production company, which is included in the asking price of $1,200,000. This turnkey operation includes all equipment and an established client base. The building itself features a state-of-the-art full production studio/soundstage, ideal for continued media production or adaptable to other uses. Three separate suites, each with its own utilities and HVAC systems, offer flexibility for independent rental spaces, generating additional income streams. Ample parking is available, accommodating up to 50 vehicles. The property is offered as a complete package including the business, or the building can be purchased separately. This presents a rare chance to acquire a well-established business and a versatile commercial property in a desirable location. The sale includes all existing equipment and the current business's client list. The property's attractive setting and functional design make it an ideal investment for a variety of uses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 9,654 SF
Lot 1.34 ac (58,196 SF)
Zoning code I-1
APN 33-06-06-05-101-004
UPID US43-1156816
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
  • Motembo Fine Foods LLC Food Processing Plant
  • Michigan Association For Pupil Transportation Charitable Organization Social Service Agency
  • Future Media Corporation Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.34M
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.22M
Owner & transaction history
FUTURE PROPERTIES MI LLC
FUTURE PROPERTIES MI LLC
Zoning & alternative use
I-1 · Okemos, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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