Built-Out Medical Office
2277 Science Pkwy Okemos, MI 48864
2277 Science Pkwy, Okemos, MI, 48864
$185,000
For Sale
$185,000
A turnkey former dental/medical suite with exam rooms and plumbing hookups for immediate clinical occupancy.
Property Size1,250 SF
Price / SF$148
Days on Market80
Property Features for 2277 Science Pkwy
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- Office, Other
Building Details
- Year Built
- 1978
Listing Agency
Colliers Lansing
(517) 230-8944
Listed by
Julie O'Brien · License #6​5​0​1​3​9​6​2​7​3
(517) 230-8944
Source
Cpix.resimplifi
Added: May 1 Checked: Jul 19 at 1:45 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers Lansing
Investment Insights
Based on property information with market context.
This well-appointed former dental/medical suite is ready for immediate occupancy and comes with existing plumbing and equipment hookups. The space features a fully built-out clinical layout, including four exam rooms, a welcoming waiting room, and a professional reception area. In addition, there is a private office plus a dedicated lab area, along with an in-suite staff restroom for day-to-day operations.
Conveniently located just off Okemos Road, the suite offers strong accessibility for both patients and staff. It is positioned centrally between I-96/Jolly Road and Grand River Avenue, supporting easy connectivity from surrounding corridors.
With its exam room configuration, reception and waiting area, and dedicated lab space, this suite is a practical fit for healthcare providers seeking an efficient, clinically oriented environment. The presence of a secondary staff exit also adds operational convenience, making the layout well-suited for organizations that need smooth patient flow alongside back-of-house access.
Conveniently located just off Okemos Road, the suite offers strong accessibility for both patients and staff. It is positioned centrally between I-96/Jolly Road and Grand River Avenue, supporting easy connectivity from surrounding corridors.
With its exam room configuration, reception and waiting area, and dedicated lab space, this suite is a practical fit for healthcare providers seeking an efficient, clinically oriented environment. The presence of a secondary staff exit also adds operational convenience, making the layout well-suited for organizations that need smooth patient flow alongside back-of-house access.
Key Highlights
- Former dental/medical suite built out for clinical use, with existing plumbing and equipment hookups
- Includes (4) exam rooms plus a dedicated lab area
- Reception and waiting room area for patient check‑in
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.5k | $18.00 |
| − Vacancy | −$4.9k | −$3.94 |
| EGI | $17.6k | $14.06 |
| − OpEx | −$7.0k | −$5.62 |
| NOI | $10.5k | $8.43 |
1,250 SF · lease $18.00/SF/yr · vacancy 21.90% · expense 40.00%
Alternative Uses
Best Use
Office B
$150.6K
$131.8K – $175.7K
NOI $10,544 @ 7.0% cap · market cap 5.70%
Second Best
Healthcare Medical
$150.6K
$131.8K – $175.7K
NOI $10,543 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$200.8K
$175.7K – $234.3K
NOI $14,058 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Leo Lange & Associates ...
Insurance Agency
Sarah Elizabeth-Deck Davis
Dental Office
Zachary Sejan
Dental Office
Neerrajah Ramaswami
Dental Office
Bauries Family llc
Housing Complex
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FAQs
What type of property is this?
Medical Office Space - A turnkey former dental/medical suite with exam rooms and plumbing hookups for immediate clinical occupancy.
Where is this medical office space located?
The property is located at 2277 Science Pkwy Okemos, MI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Former dental/medical suite built out for clinical use, with existing plumbing and equipment hookups; Includes (4) exam rooms plus a dedicated lab area; Reception and waiting room area for patient check‑in
