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    Property profile & analytics

    2209 University Park Dr Okemos, MI 48864-3967

    • Hotels
    • 130,032 SF
    • 3.81 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 04, 2023
    Location Intelligence
    Property ID
    US43-1156813
    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

    • BDIC Classes All Over Michigan / Training Centre
    • Best Western Okemos/East Lansing Hotel & Suites / Hotel

    Property Details for 2209 University Park Dr

    Year built
    1986
    Lot size
    3.81 lot acres
    Property size
    130,032 SF
    Zone code
    GO
    Property type
    Hotels
    APN
    33-06-06-04-202-010
    APU
    33060604202010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Okemos
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4301
    Latitude
    42.6802
    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
    $156,615
    $248,900
    $3,317,600
    $3,566,500
    -
    $497,800
    $6,635,200
    $7,133,000

    Comparable in this City

    • Value Estimation by Request
      64,646 SF

      2350 Jolly Oak Rd, Unit 2

      HOTEL • 64,646 SF
      2350 Jolly Oak Rd, Okemos, MI 48864-3546
      View Details
    • Value Estimation by Request
      70,705 SF

      3553 Meridian Crossings, Unit 4

      HOTEL • 70,705 SF
      3553 Meridian Crossings, Okemos, MI 48864-3289
      View Details
    • Value Estimation by Request
      55,128 SF

      2187 University Park Dr, Unit 34

      HOTEL • 55,128 SF
      2187 University Park Dr, Okemos, MI 48864-3975
      View Details
    • Value Estimation by Request
      65,976 SF

      3545 Meridian Crossings, Unit 5

      HOTEL • 65,976 SF
      3545 Meridian Crossings, Okemos, MI 48864-3289
      View Details
    • Value Estimation
      $6,950,000
      38,887 SF

      2200 Hampton Pl, Unit 2

      HOTEL • 38,887 SF
      2200 Hampton Pl, Okemos, MI 48864-3685
      View Details
    • Value Estimation by Request
      38,503 SF

      2335 Woodlake Dr, Unit 4

      MOTEL • 38,503 SF
      2335 Woodlake Dr, Okemos, MI 48864-5932
      View Details

    Similar Nearby for Sale

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      Okemos Road Office Building

      High-profile office building on Okemos Road available for sale.
      4084 Okemos Rd, Okemos, MI 48864
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    • $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
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    • Contact for pricing
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      Prime retail location near Meridian Mall with high traffic volume.
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    Similar Nearby for Lease

    • $15 SF/Yr
      27,240 SF

      Okemos Office Space: 27,240 SF

      Prime Okemos office space, 1-story building.
      2395 Jolly Rd, Okemos, MI 48864
      View Details
    • Contact for pricing
      13,000 SF

      Prime Meridian Twp Executive Office Space

      13,000 SF Class A Office - Available Now
      3965 Okemos Rd, Meridian charter Township, MI 48864
      View Details
    • $16 SF/Yr
      14,000 SF

      Heritage Office Park Suites

      Executive Suites, Meridian Twp, MI
      3800 Heritage Ave, Meridian charter Township, MI 48864
      View Details
    • $16 SF/Yr
      5,500 SF

      Okemos Office Space For Lease

      Professional office space available on Jolly Road in Okemos, MI.
      2187 Jolly Rd, Okemos, MI 48864
      View Details
    • Contact for pricing

      Okemos Road Office Space

      Office space available for rent on Okemos Road.
      4121 Okemos Rd, Okemos, MI 48864
      View Details
    • $15 SF/Yr
      14,670 SF

      Executive Suites, Okemos, MI

      Class A Office Space Available Now
      2121 University Park Dr, Okemos, MI 48864
      View Details
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    Okemos, MI 48864-3967
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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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