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    4901 Okemos Rd Meridian charter Township, MI 48864

    Sponsored
    For Lease
    Contact for pricing

    Okemos Retail Space near MSU: 1,500 SF Available

    Lot size:
    4,624 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    Meridian Pavilion offers a prime retail opportunity in Okemos, Michigan. This multi-tenant building totals 4,624 square feet, with 1,500 square feet currently available for lease. The space is ideally suited for a variety of retail uses, previously operating as a training facility. Its convenient location in Ingham County places it just 3.2 miles from Michigan State University, ensuring high visibility and foot traffic. The property benefits from strong co-tenancy, sharing the building with established businesses such as Pet Supplies Plus, Breadsmith, and Sugar Berry Frozen Yogurt, creating a vibrant and attractive retail environment. This presents a unique chance to establish a business in a thriving area with excellent access to a large consumer base, including the significant student population of Michigan State University. The available space offers 1,500 square feet of adaptable interior, ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and explore the potential of this exceptional retail location. The building is situated within a well-established commercial area, providing ample parking and convenient access for customers. This is an excellent opportunity for businesses seeking a high-traffic location with strong co-tenancy in a desirable Michigan community.

    Property Features for 4901 Okemos Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,624 SF

    Unit(s) available at that property

    Space
    Former Training Facility
    Size
    1,500 SF

    HighLights

    • Retail property totaling 4,624 square feet.
    • Multiple tenants occupy the space.
    • 1,500 square feet of vacant retail space available for lease.
    • Located in Okemos, Michigan, Ingham County.
    • Property is situated 3.2 miles from Michigan State University.
    • Existing tenants include Pet Supplies Plus, Breadsmith, and Sugar Berry Frozen Yogurt.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sugar Berry Frozen ... Frozen Yogurt Shop Breadsmith Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian charter Township
    County
    Ingham
    State
    Michigan
    Longitude
    -84.428078
    Latitude
    42.722896

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    FAQs

    What type of property is this?
    Retail property - Okemos Retail Space near MSU: 1,500 SF Available
    Where is this retail property located?
    The property is located at 4901 Okemos Rd Meridian charter Township, MI.
    What are key features of this property?
    This property features: Retail property totaling 4,624 square feet.; Multiple tenants occupy the space.; 1,500 square feet of vacant retail space available for lease.
    Request Owner's contact information
    4901 Okemos Rd Meridian charter Township, MI 48864
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    Meridian charter Township, 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
    4901 Okemos Rd Meridian charter Township, MI 48864
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