Office Condominium
4125 Okemos Road Okemos, MI 48864
4125 Okemos Road, Okemos, MI, 48864
$100,000
For Sale
$100,000
Suite features three offices and a conference room, with potential furniture included and condominium dues of $231 monthly.
Property Size912 SF
Price / SF$109.65
Days on Market337
Property Features for 4125 Okemos Road
General Information
- Standard status
- Active
- Size
- 912 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing agency
NAI Mid-Michigan
(517) 749-7914
Listed by
Steve Slater
(517) 749-7914
Source
Cpix.resimplifi
Added: Aug 20, 2025 Updated: Jul 21 at 8:32PM Checked: Jul 21 at 8:32PM
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 NAI Mid-Michigan
Investment Insights
Based on property information with market context.
This office condominium suite is laid out to support a small to medium-sized company, with three offices and a conference room. The sale may include potential furniture, depending on the final terms.
The property is conveniently located near I-96 and surrounded by shopping, restaurants, and healthcare. Condominium dues are $231 per month. Property taxes are approximately $3,000 per year. Parcel number is 33-02-02-28-377-022.
The property is conveniently located near I-96 and surrounded by shopping, restaurants, and healthcare. Condominium dues are $231 per month. Property taxes are approximately $3,000 per year. Parcel number is 33-02-02-28-377-022.
Key Highlights
- Year built: 1984
- Suite includes 3 offices plus a conference room
- Potential furniture included in the sale
Local Financial Insights For Office B
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 | $13.1k | $14.40 |
| − Vacancy | −$2.9k | −$3.15 |
| EGI | $10.3k | $11.25 |
| − OpEx | −$2.6k | −$2.81 |
| NOI | $7.7k | $8.43 |
912 SF · lease $14.40/SF/yr · vacancy 21.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$109.9K
$96.2K – $128.2K
NOI $7,693 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$146.5K
$128.2K – $171.0K
NOI $10,257 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sean L. Campbell ...
Law Firm
Donald J. Baranski
Law Firm
Ramey Steven A
Law Firm
The Eiler Law Firm, ...
Law Firm
Okemos Legal Group ...
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Suite features three offices and a conference room, with potential furniture included and condominium dues of $231 monthly.
Where is this office units located?
The property is located at 4125 Okemos Road Okemos, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Year built: 1984; Suite includes 3 offices plus a conference room; Potential furniture included in the sale
