Property profile & analytics
2199 Jolly Rd Okemos, MI 48864-3968
- Office buildings
- 8,920 SF
- 1.13 lot acres
OFF-MARKET
Value Estimations
$1,070,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1267896
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
- Farmers Insurance - Keith Johnson / Insurance Agency
- Unishippers / Logistics Company / Freight Service
- SoftWave Therapy / Physician
- Kirby K. Perrault, DC / Alternative Medicine Practice
- WellTech Worldwide / Alternative Medicine Practice
Property Details for 2199 Jolly Rd
- Year built
- 1986
- Lot size
- 1.13 lot acres
- Property size
- 8,920 SF
- Zone code
- GO
- Property type
- Office buildings
- APN
- 33-06-06-04-201-038
- APU
- 33060604201038
Description
This exceptional 1,525 square foot office space, part of an 8,920 square foot building, is ideally situated at the high-traffic intersection of Jolly Road and Okemos Road in Okemos, Michigan. Built in 1986 and classified as Class C, this single-tenancy property offers a fantastic opportunity for businesses seeking a well-maintained and conveniently located office. The space boasts three private offices, two conference rooms, a restroom, a kitchenette, and a reception/waiting area, providing ample space for a variety of business needs. The property's location offers excellent visibility from Jolly Road and benefits from abundant parking. Its proximity to I-96 (a quarter-mile away) ensures easy access for clients and employees. Surrounded by thriving businesses, residential areas, and schools, this location provides a strong foundation for business growth and success. The property's Assessed Parcel Number (APN) is 06-06-04-201-038. This updated office space presents a compelling opportunity for businesses seeking a functional and strategically located office in the Okemos area. The property is professionally managed, ensuring a smooth and efficient operational experience. This is a rare opportunity to secure a well-appointed office space in a high-demand location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,340,000
- 6.5%
- $1,235,000
- 7%
- $1,145,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,021,000
- AI Estimate
- $955,000
Market price range: $886k - $1.46MMarket price range: $418k - $1.57M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,180,000 Current use
- MEDICAL BUILDING
- $1,100,000 Change: -7% Conversion: Easy
- RESTAURANT
- $1,040,000 Change: -12% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,020,000 Change: -14% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Okemos
- County
- Ingham
- State
- Michigan
- Longitude
- -84.4297
- 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
$16,308
$73,800
$313,000
$386,800
-
$147,600
$626,000
$773,600
