2199 Jolly Rd, Okemos, MI 48864-3968
- Office buildings
- 8,920 SF
- 1.13 lot acres
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
- Zone code
- GO
- Property type
- Office buildings
- APN
- 33-06-06-04-201-038
- APU
- 33060604201038
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 17, 2026 | — | Tgp Management LLC | — | Deed · related | $300k · First National Bank Of America |
| Aug 29, 2022 | — | Tgp Management LLC | — | Deed · related | $100k · First National Bank Of America |
| Sep 27, 2019 | — | Tgp Management LLC | — | Loan Modification · related | $8.4M · First Nat'l Bk/america |
| Jun 29, 2012 | $920,000 | Tgp Management LLC | Michigan Equities U Portfolio Holdi | Other | $690k · First National Bank Of America |
| — | — | Tgp Management LLC | — | Deed Of Trust · related | $840k · First Nat'l Bk/america |
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
-
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 estimation — 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
