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Property profile & analytics
OFF-MARKET
Retail space

1410 Grand Riv Ave Okemos, MI 48864-2307

1,320 SF 0.46 ac lot Built 1959
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US43-0907479
Property summary
AI-generated overview

This exceptional 20.99-acre commercial land parcel presents a unique development opportunity in the thriving Okemos, Michigan market. Located at 1410 Grand River Ave, this property boasts an impressive 700 feet of frontage on Grand River Avenue, providing significant visibility and accessibility. The site is conveniently situated just one mile from the Meridian Mall, ensuring proximity to a substantial consumer base and established infrastructure. Zoned Commercial 201 Improved, this land offers significant potential for a variety of commercial developments. The property's location within Ingham County, near a major business district, further enhances its desirability. The parcel is identified by APN numbers 33-02-02-23-301-012 and 33-02-02-23-301-008. This rare tract of land in Okemos represents a compelling investment opportunity for developers seeking a high-impact location with substantial frontage and proximity to key amenities. The asking price for this remarkable property is $4,500,000. Don't miss this chance to acquire a truly exceptional piece of commercial real estate in a rapidly growing area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Total area 1,320 SF
Lot 0.46 ac (20,038 SF)
Zoning code CR
APN 33-02-02-23-301-008
UPID US43-0907479
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MAC Legends Golf Center Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
GAETANO PERNA
GAETANO PERNA
Zoning & alternative use
CR · Okemos, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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