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Redevelopment Opportunity Near Meridian Mall
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4990 - 5000 Marsh Road, Okemos, MI 48864

4.27 acres with frontage on Marsh Road.

Property Size29,068 SF
Lot Size4.27 Acres
Price / SF$128.97
Days on Market1850

Property Features for 4990 - 5000 Marsh Road

General Information

Standard status Active
Size 29,068 SF
Lot size 4.27 Acres
Property subtype Retail
Zoning C-2

Building Details

Buildings 2
Listing Agency: Woodworth Commercial Okemos
Listed By: Todd Kosta · License #MI 6501346341
Source: Crexi
Added: Jul 29, 2021 Changed: Aug 17 Last Checked: Aug 20 at 7:14PM

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 Woodworth Commercial Okemos

Investment Insights

Based on property information with market context.

This is a redevelopment opportunity consisting of multiple parcels totaling 4.27 acres. The property features 305 feet of frontage on Marsh Road, directly across from the Meridian Mall. The property allows for a 3-story building, making it suitable for various uses such as corporate headquarters, an office building, or a hotel. The location provides convenient access to the surrounding communities of East Lansing and the MSU Campus, Okemos, Haslett, and Williamston. The surrounding area includes national retailers such as Dick's Sporting Goods, Target, Marshall's, Kroger, Bed Bath and Beyond, Home Depot, and Kohl's.

Key Highlights

  • Prime redevelopment opportunity across from the Meridian Mall.
  • 4.27 acres with 305 feet of frontage on Marsh Road.
  • Allows for a 3‑story building suitable for corporate headquarters, office, or hotel.

Property Analytics

Current Use

Michigan State Jewelry (Bike/Boat/Book/etc) Store Wheat Jewelers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Storage Facility Electrical Service Building Supply Law Firm

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

692
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 4.27 acres with frontage on Marsh Road.
Where is this commercial land located?
The property is located at 4990 - 5000 Marsh Road Okemos, MI.
What is the asking price?
The asking price for this property is $3,749,000.
What are key features of this property?
This property features: Prime redevelopment opportunity across from the Meridian Mall.; 4.27 acres with **305 feet of frontage on Marsh Road.**; Allows for a **3‑story building** suitable for corporate headquarters, office, or hotel.
(517) 679-8633 Call to check price and availability
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