Property profile

2859 Jolly Rd Okemos, MI 48864

OFF-MARKET
Office Spaces
8,400 SF 2.2 ac lot Built 1981
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Property summary

AI-generated overview

This exceptional 8,400-square-foot flex space in Okemos presents a unique opportunity for businesses needing both warehouse and office accommodations. The property, situated on 2.2 acres at 2859 Jolly Road, features a well-maintained, dual-tenant building constructed in 1981. The building boasts a Class B rating and is zoned B-1. The warehouse component offers a fully insulated, open-span design with impressive 13'6"+ ceiling clearance, two forced-air furnaces, a 12' electric overhead door, 3-phase electricity, and energy-efficient LED sensor lighting. Concrete floors provide durability, and a mezzanine level offers additional storage space, accessible by forklift. Two convenient access points connect the warehouse to the office area, and a multi-stall restroom is located within the warehouse. The office space includes two private offices, a reception area, a kitchenette, and a full kitchen with direct access to the warehouse. Additional storage is available in the basement and on the second floor. This property offers 7,345 square feet of vacant space, making it ideal for a variety of businesses. Its convenient Jolly Road location provides easy access to local amenities. The property consists of one, two-story building. The APN is 33-06-06-05-100-038.

Property profile

Verified
Property type Office Spaces
Year built 1981
Total area 8,400 SF
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

2859 Jolly Rd Okemos, MI 48864
Okemos metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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