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    1575 W Grand River Ave Okemos, MI 48864

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    For Lease
    $18 SF/Yr ($15,606 /Mo)

    Retail space available with drive-thru in high-traffic Okemos location.

    Property size:
    10,404 SF
    Lot size:
    1.37 Acres

    Property Features for 1575 W Grand River Ave

    General Information

    Size
    10,404 SF
    Lot size
    1.37 Acres

    Source: Martin Commercial Properties Agent Thomas Jamieson, SIOR

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

    Overview

    Okemos Retail Space with Drive-Thru

    Available for immediate occupancy is a retail space ranging from 2,000 to 4,822 square feet, with the possibility of expanding up to 10,404 square feet through future development. The property includes a drive-thru. Situated on a prominent corner location on Grand River, east of Dobie Road, it is adjacent to Tom's Food Center and across from a Sparrow lab. The location benefits from multiple access points. Nearby retailers include Home Depot, Target, Kroger, Meridian Mall, and Meijer. The area features strong demographics and high traffic counts. A 4,822 square foot former bank space with a drive-thru can be combined with an adjacent 1,182 square foot space, creating a total of 6,004 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Citizens Bank ATM Atm Baryames Cleaners Dry Cleaner Kelly Ensminger - Citizens, ... Mortgage Lender

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Okemos
    County
    Ingham
    State
    Michigan
    Longitude
    -84.407288
    Latitude
    42.716371

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    FAQs

    What type of property is this?
    Retail space - Retail space available with drive-thru in high-traffic Okemos location.
    Where is this retail space located?
    The property is located at 1575 W Grand River Ave Okemos, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Drive-thru included.; - High-profile corner location on Grand River.; - Immediate occupancy available (2,000 - 4,822 SF).
    (517) 243-4300
    Request Owner's contact information
    1575 W Grand River Ave 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
    1575 W Grand River Ave Okemos, MI 48864
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