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    2395 Jolly Rd Okemos, MI 48864

    • Office buildings
    • 27,240 SF
    • 2.92 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $800,000
    Location Intelligence
    Property ID
    US43-1287569
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mattewal Parneet / Nursing Agency
    • Ageless Beauty Center / Beauty Salon / Medical Spa
    • Kira Alexander / Social Worker
    • Yancy Alfreddds Tygesen / Endodontist
    • Nicole Holbrook / Social Worker / Practitioner Service Location

    Property Details for 2395 Jolly Rd

    Year built
    1993
    Lot size
    2.92 lot acres
    Property size
    27,240 SF
    Zone code
    B-1
    Property type
    Office buildings
    APN
    33-06-06-04-101-005
    APU
    33060604101005

    Description

    This exceptional single-story office building, totaling 27,240 square feet, presents a fantastic opportunity. Located at 2395 Jolly Rd, Okemos, this Class B property boasts a convenient location just west of Okemos Road, providing easy access to I-96. The building, constructed in 1993, sits on a substantial 127,432 square foot lot and is zoned B-1. Currently, there is one suite available, comprising 1,790 square feet of vacant space within the larger building. The property features a single tenant occupancy, offering a unique opportunity for a business seeking a prominent location. Its strategic position offers excellent visibility and accessibility, with nearby amenities including restaurants, shopping centers, hotels, and banks. The property's address is 2395 Jolly Rd, with a cross street of Jolly Rd, and its Assessor's Parcel Number (APN) is 33-06-06-04-101-005. This is an ideal location for businesses seeking a well-established presence in a thriving Okemos commercial area. The building's single-story design offers convenient access and functionality. This property is ready for immediate occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $875,000
      6.5%
      $850,000
      7%
      $875,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $685,000
      Geo Method
      $920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $745,000
      Retail
      $810,000
      Mixed-Use
      $915,000
      Hospitality
      $800,000
      Educational
      $705,000
      Residential Income
      $955,000
      Energy
      $770,000
      Income-Based Land
      $850,000
      Food Service
      $915,000

    Location Insight

    • Map
    • Local Demand
    City
    Okemos
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4379
    Latitude
    42.6825
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $54,477
    $190,800
    $896,900
    $1,087,700
    -
    $381,600
    $1,793,800
    $2,175,400

    Comparable in this City

    • Value Estimation by Request
      2,325 SF

      2104 Jolly Rd Ste, Unit 240

      OFFICE BUILDING • 2,325 SF
      2104 Jolly Rd Ste, Okemos, MI 48864-6038
      View Details
    • Value Estimation by Request
      4,978 SF

      2160 Hamilton Rd, Unit 8

      OFFICE BUILDING • 4,978 SF
      2160 Hamilton Rd, Okemos, MI 48864-1774
      View Details
    • Value Estimation
      $1,295,000
      11,000 SF

      2187 Jolly Rd

      OFFICE BUILDING • 11,000 SF
      2187 Jolly Rd, Okemos, MI 48864-3961
      View Details
    • Value Estimation by Request
      26,563 SF

      3657 Okemos Rd, Unit 1

      OFFICE BUILDING • 26,563 SF
      3657 Okemos Rd, Okemos, MI 48864-3913
      View Details
    • Value Estimation
      $190,000
      1,075 SF

      4111 Okemos Rd, Unit 5

      OFFICE BUILDING • 1,075 SF
      4111 Okemos Rd, Okemos, MI 48864-3235
      View Details
    • Value Estimation
      $235,000
      844 SF

      4131 Okemos Rd Ste, Unit 12

      OFFICE BUILDING • 844 SF
      4131 Okemos Rd Ste, Okemos, MI 48864-2823
      View Details

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    • $15 SF/Yr
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      Okemos Office Space: 27,240 SF

      Prime Okemos office space, 1-story building.
      2395 Jolly Rd, Okemos, MI 48864
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    2395 Jolly Rd
    Okemos, 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
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