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Commercial Land with Retail Buildings
For Sale
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Pending

4690-4696 Okemos Road, Okemos, MI 48864

Five-parcel commercial holding with existing retail buildings, apartments, and on-site parking.

Property SizeContact for details
Days on Market143

Property Features for 4690-4696 Okemos Road

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Berkshire Hathaway HomeServices Tomie Raines REALTORS
Listed By: Shelby Miller · License #MI 6501364643
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:53PM

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 Berkshire Hathaway HomeServices Tomie Raines REALTORS

Investment Insights

Based on property information with market context.

This commercial land offering comprises five parcels totaling approximately 1.45 acres. Existing improvements include three retail buildings with 21,760 square feet of space and five apartments, along with 75 parking spaces.

The property extends along Okemos Road, Hamilton Road, Moore Street, and Methodist Street in Meridian charter Township. It is positioned across the corner from the proposed Village of Okemos mixed-use project, planned with four new buildings and an estimated 257,534 gross square feet of residential and commercial space. Meijer’s, Chick-fil-A, and Panera are within 1/4 mile.

Key Highlights

  • Five parcels totaling approximately 1.45 acres
  • Three existing retail buildings with 21,760 SF
  • Five apartments included within the existing buildings

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby
317k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Groceries 34% Shops & Services 24% Electronics 4%
Meijer Groceries
108,280 visits/mo 0.2 miles
Chick-fil-A Dining
57,079 visits/mo 0.3 miles
Dollar Tree Shops & Services
28,985 visits/mo 0.5 miles
Meijer Gas Station Shops & Services
22,197 visits/mo 0.4 miles
Panera Bread Dining
17,241 visits/mo 0.4 miles

Demographics for 48864, MI

22,804
Population
9,903
Households
2.3
Avg Household Size
38
Median Age
76%
College-Educated
98%
High-School Grad
20.1 sq mi
ZIP Area
1,135
Density / Sq Mi
$113,145
Median Household Income
$64,120
Median Earnings
$1,281
Median Rent
$358,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Five-parcel commercial holding with existing retail buildings, apartments, and on-site parking.
Where is this commercial land located?
The property is located at 4690-4696 Okemos Road Okemos, MI.
What are key features of this property?
This property features: Five parcels totaling approximately 1.45 acres; Three existing retail buildings with 21,760 SF; Five apartments included within the existing buildings
(517) 899-6486 Call to check price and availability
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