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    Property profile & analytics

    2189 Grand Riv Ave Okemos, MI 48864-1666

    • Retail space
    • 4,704 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Mar 08, 2023
    Location Intelligence
    Property ID
    US43-1727717
    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

    • Royal Wine & Spirits / Vaporizer Store / Wine Store
    • US Taekwondo Committee / Sports Activity Location
    • Fix My Feet / Orthotics & Prosthetics Service

    Property Details for 2189 Grand Riv Ave

    Year built
    1979
    Lot size
    0.49 lot acres
    Property size
    4,704 SF
    Zone code
    C-2
    Property type
    Retail space
    APN
    33-02-02-21-251-013
    APU
    33020221251013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $445,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $460,000
      Mixed-Use
      $530,000
      Hospitality
      $545,000
      Educational
      $540,000
      Residential Income
      $505,000
      Energy
      $475,000
      Income-Based Land
      $555,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Okemos
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4312
    Latitude
    42.7223
    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
    $16,442
    $96,500
    $171,900
    $268,400
    -
    $193,000
    $343,800
    $536,800

    Comparable in this City

    • Value Estimation
      $445,000
      4,000 SF

      4708 Okemos Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      4708 Okemos Rd, Okemos, MI 48864-1603
      View Details
    • Value Estimation
      $1,290,000
      1,610 SF

      4696 Okemos Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,610 SF
      4696 Okemos Rd, Okemos, MI 48864-1728
      View Details
    • Value Estimation
      $950,000
      11,068 SF

      1664 Grand Riv Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,068 SF
      1664 Grand Riv Ave, Okemos, MI 48864-1892
      View Details
    • Value Estimation
      $610,000
      8,000 SF

      2360 Jolly Rd, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      2360 Jolly Rd, Okemos, MI 48864-6927
      View Details
    • Value Estimation
      $935,000
      30,333 SF

      5135 Times Sq Pl

      RETAIL STORES (PERSONAL SERVICES) • 30,333 SF
      5135 Times Sq Pl, Okemos, MI 48864-1100
      View Details
    • Value Estimation
      $415,000
      3,904 SF

      2287 Grand Riv Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,904 SF
      2287 Grand Riv Ave, Okemos, MI 48864-1649
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      74,000 SF

      Upscale Retail Strip Center

      Prime retail location near Meridian Mall with high traffic volume.
      5100 Marsh Rd, Okemos, MI 48864
      View Details
    • $3,749,000
      29,068 SF

      Okemos Redevelopment Opportunity

      Prime 4.27-acre retail site
      4990 Marsh Rd, Meridian charter Township, MI 48864
      View Details
    • Contact for pricing
      18,800 SF

      Okemos Retail Space Available

      Retail spaces available in a busy Okemos retail center.
      1754 Central Park Dr, Okemos, MI 48864
      View Details
    • $2,950,000
      1.12 Acres

      Okemos Commercial Property For Sale

      Commercial property in Okemos retail corridor with high traffic and visibility.
      1930 W Grand River Ave, Okemos, MI 48864
      View Details
    • $2,500,000
      8,057 SF

      Restaurant Site in Okemos

      Restaurant property in high-traffic Meridian Township entertainment and shopping area.
      4880 Marsh Rd, Okemos, MI 48864
      View Details
    • Contact for pricing

      Regional Shopping Center For Sale

      240,000 SF shopping center anchored by Kroger, Marshalls and Target.
      4886 Marsh Rd, Okemos, MI 48864
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      64,000 SF

      Meridian Crossing Retail Spaces

      High-visibility retail spaces available.
      3544 Meridian Xing Dr, Meridian charter Township, MI 48864
      View Details
    • $16 SF/Yr
      2,500 SF

      Okemos Retail Space For Rent

      High-profile retail suite in downtown Okemos with on-site parking.
      4708 Okemos Rd, Okemos, MI 48864
      View Details
    • $15 SF/Yr
      2,600 SF

      Okemos Retail Space Available

      2,600 SF retail space for lease in Okemos, Michigan.
      2335 Jolly Rd, Okemos, MI 48864
      View Details
    • $18 SF/Yr
      10,404 SF

      Okemos Retail Space with Drive-Thru

      Retail space available with drive-thru in high-traffic Okemos location.
      1575 W Grand River Ave, Okemos, MI 48864
      View Details
    • $15 SF/Yr
      11,634 SF

      Former Retail Space in Okemos

      Freestanding building on a prime retail corridor available for rent.
      1664 W Grand River Ave, Okemos, MI 48864
      View Details
    • $18 SF/Yr
      10,464 SF

      Okemos Executive Office Space

      Prime Meridian Twp. Office/Retail
      1575 Grand Riv Rd, Meridian charter Township, MI 48864
      View Details
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    Okemos, MI 48864-1666
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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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