Property profile

2342 Woodlake Dr Okemos, MI 48864

FOR SALE
Office buildings
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Property ID
US43-0108797
5,921 SF 1.1 ac Built 1995
Last sale Jun 2023·$550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 2342 Woodlake Drive is an office building constructed in 1995, configured for flexibility that may support multiple suites or accommodate a single occupant. It includes on-site parking and was described as well maintained with modern amenities. The building is located near the Okemos Road and I-96 interchange, with nearby access to lodging, restaurants, shopping, and other interchange-area services for office users and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$12k
Tax billed · 2019
Assessed value · 2023$257k
Assessed land$72k
Assessed improvement$185k
Effective rate4.83%

Value estimate

· Nov 2026
$775k
$698k – $853k
AI approach$685k
CAP approach$820k
Submarket $/SF estimate$680k
NOI build-up
Gross scheduled income$85k
Vacancy & credit loss−$19k
Operating expenses−$17k
NOI$50k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$99 – $164
Qualifying comparables6

Cap rate analysis

How does the asset earn?
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.1
Wholesale Shop12.3
HVAC Service11.2

Location

2342 Woodlake Dr Okemos, MI 48864
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4780 Okemos Rd, Okemos, MI 48864-1669 $565,000 Oct 2024 2,450 SF
4225 Okemos, Okemos, MI 48864-3232 $480,000 May 2024 3,584 SF
2174 Cmns, Okemos, MI 48864-3986 $327,500 Apr 2023 3,188 SF
2133 University Park, Okemos, MI 48864-6904 $1,155,000 Dec 2022 11,592 SF
2187 Jolly, Okemos, MI 48864-3961 $1,300,000 Oct 2022 11,000 SF
4736 Marsh, Okemos, MI 48864-2145 $450,000 Jan 2022 3,889 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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