Technical
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Property profile

2175 University Park Dr 33 Okemos, MI 48864

OFF-MARKET
Office buildings
Property ID
US43-1564990
19,512 SF 2.02 ac lot Built 1996
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office property, located at 2175 University Park Drive in Ingham County, offers a strategically advantageous position at the intersection of Okemos Road and Jolly Road. The building boasts a total of 19,292 square feet, with one immediately available space encompassing 14,954 square feet. The property's classification includes Executive Office and Traditional Office spaces within a Business Park setting, suitable for multiple tenants. Its convenient location provides effortless access to major roadways, simplifying commutes and logistics. Furthermore, the surrounding area offers a wealth of amenities, including a variety of restaurants, hotels, fitness centers, grocery stores, and dry cleaning services, enhancing the convenience and appeal for both employees and clients. This property presents a unique opportunity for businesses seeking a well-situated, spacious, and amenity-rich office environment in a thriving commercial area. The building's design caters to multiple tenants, making it ideal for companies of varying sizes seeking collaborative or independent workspaces. The available 14,954 square foot space is ready for immediate occupancy. This is a rare opportunity to secure a significant presence in a highly desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 19,512 SF
Lot 2.02 ac (87,991 SF)
Zoning code GO
APN 33-06-06-04-202-006
UPID US43-1564990

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
  • Home Health Care Service Home Help

Location

2175 University Park Dr, Unit 33 Okemos, MI 48864-3975
Okemos metro Census 5600 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.70M
Comparable Approach Comparable
$2.58M
Blend (final) Blend
$640k

Owner & transaction history

since 2025
Last sale
$1.6M
2 recorded transactions
2025
$1.6M
2023
Price N/A

Zoning & alternative use

GO · Okemos, MI

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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