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    4886 Marsh Rd, Unit | Okemos Okemos, MI 48864

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    For Sale
    Contact for pricing

    240,000 SF shopping center anchored by Kroger, Marshalls and Target.

    Source: Midamericagrp

    Listing Agent: Karen Gargaro

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Regional Shopping Center For Sale

    Meridian Towne Centre is a 240,000 square foot regional shopping center. Anchored by Kroger, Marshalls, Target, and Ulta Beauty, the center is located in Okemos, Michigan, an established southeastern suburb of Lansing, Michigan's capital city. The property is situated directly across Marsh Road from the 979,000 square foot regional Meridian Mall. East Lansing, home to Michigan State University, is located two miles northwest of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ulta Beauty Cosmetics Store Benefit Cosmetics BrowBar Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Secretary of State Self-service Station, Sunglass Hut, Quick-Tag, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Okemos
    County
    Ingham
    State
    Michigan
    Longitude
    -84.414462
    Latitude
    42.723832

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    FAQs

    What type of property is this?
    Shopping center - 240,000 SF shopping center anchored by Kroger, Marshalls and Target.
    Where is this shopping center located?
    The property is located at 4886 Marsh Rd, Unit | Okemos Okemos, MI.
    What are key features of this property?
    This property features: - Anchored by major retailers: Kroger, Marshalls, Target, and Ulta Beauty.; - Located in Okemos, an established suburb of Lansing, Michigan.; - Regional shopping center with 240,000 SF of retail space.
    (810) 923-9124
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    4886 Marsh Rd, Unit | Okemos Okemos, MI 48864
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    Okemos, MI 48864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4886 Marsh Rd, Unit | Okemos Okemos, MI 48864
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