Class A Office
4780 Okemos Road Okemos, MI 48864
For Sale
$299,000
COMMERCIAL - Okemos, MI
Property Size1,688 SF
Lot Size0.50 Acres
Price / SF$177.13
Days on Market176
Property Features for 4780 Okemos Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Appliances
Disposal, Ice Maker, Microwave, Refrigerator
Standard status
Active
APN
33-02-02-21-277-002
Size
1,688 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 2, MERIDIAN BEND PROFESSIONAL CENTRE, INGHAM CO. CONDO SUB PLAN NO 188 SEC. 21, T4N R1W
Tax Annual Amount
10287
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2004
Floors in Building
1
Flooring type
Carpet
Building materials
Brick
Listing Agency:
Keller Williams Realty Lansing
(517) 853-1200
Listed By:
Deborah Federau · License #6506046372
(517) 202-4232
Added: Feb 2
Changed: Jul 24
Last Checked: Jul 28 at 5:06PM
MLS# 293768
Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Class A office condominium offers a main-level layout with two entrances, including one private entrance. The space is designed as two distinct suites within the condo, each with the potential for separate private entrances. Inside, there are four private offices (with two currently occupied), a conference room with a full wall of custom book shelving, and a reception area. Each suite includes its own lavatory for added privacy, along with a kitchenette and a dedicated work room. The layout is described as mostly turnkey, supporting a smoother transition for a new owner.
The condo is part of a well-maintained, four-owner building with abundant on-site parking and excellent accessibility. The property includes water and sewer, and HOA dues are listed as quarterly. Showings are scheduled via Sentri.
With its flexible suite configuration and multiple office-focused rooms, this property can be utilized as a single-user office setup or arranged to accommodate separate suite operations, depending on the owner’s plan.
The condo is part of a well-maintained, four-owner building with abundant on-site parking and excellent accessibility. The property includes water and sewer, and HOA dues are listed as quarterly. Showings are scheduled via Sentri.
With its flexible suite configuration and multiple office-focused rooms, this property can be utilized as a single-user office setup or arranged to accommodate separate suite operations, depending on the owner’s plan.
Key Highlights
- Prime Okemos location with high visibility and easy access to dining, shopping, and major thoroughfares.
- Flexible layout with two distinct suites, each with private entrances and lavatories, suitable for single or multi‑tenant use.
- Turnkey condition minimizes transition time with existing offices, conference room, reception area, and kitchenette.
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 | $24.3k | $14.40 |
| − Vacancy | −$5.3k | −$3.15 |
| EGI | $19.0k | $11.25 |
| − OpEx | −$4.7k | −$2.81 |
| NOI | $14.2k | $8.43 |
1,688 SF · lease $14.40/SF/yr · vacancy 21.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$203.4K
$178.0K – $237.3K
NOI $14,238 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$271.2K
$237.3K – $316.4K
NOI $18,984 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Main-level office condo includes two suites with private entrances, four private offices, and multiple convenience rooms.
Where is this office units located?
The property is located at 4780 Okemos Road Okemos, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Prime Okemos location with high visibility and easy access to dining, shopping, and major thoroughfares.; Flexible layout with two distinct suites, each with private entrances and lavatories, suitable for single or multi‑tenant use.; **Turnkey condition minimizes transition time** with existing offices, conference room, reception area, and kitchenette.
