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Property profile & analytics
OFF-MARKET
Commercial real estate
2211 Association Dr, Okemos, MI 48864-4902
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1416997
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Zoning code
PO
APN
33-02-02-33-453-005
UPID
US43-1416997
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bailey Amy H Law Firm
-
ADAM Law Firm
-
Terranova Erica Law Firm
-
Bailey & Terranova, P.C. Law Firm
-
Multidisciplinary Pain Management Services Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2175 Association LLC · 1 yrs held
2175 Association LLC
since 2024
6 recorded transactions
Zoning & alternative use
PO · Okemos, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Okemos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okemos submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,977
Tax year 2023
Assessed value
$68,400
Assessed 2024
Previous assessed
$68,400
+0.0% YoY
Effective rate
4.35%
On assessed value
Assessed land
$68,000
Assessed improvement
$400
Land market value
$136,000
Improvement market value
$800
Total market value
$136,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
FORCED AIR
Zoning code
PO
APN
33-02-02-33-453-005
UPID
US43-1416997
Jurisdiction
INGHAM
Zoning & alternative use
PO · Okemos, MI
Zoning PO · permitted uses
PO · Okemos, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Okemos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Current owner
From public records · entity-resolved
2175 Association LLC
Entity
Mailing address
126 S PUTNAM ST, WILLIAMSTON, MI 48895-1336
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
—
2175 Association LLC
Sally A Theis
Intrafamily Transfer
related
—
Sep 18, 2019
—
Mci Scholle LLC
Scholle D C Family Trust
Quit Claim Deed
$650,000 · Mercantile Bk/mi
Jul 31, 2015
—
Scholle,diane C Family Trust
Scholle Diane C Trust 1
Quit Claim Deed
related
—
Aug 24, 2001
—
Scholle,robert R & D C Trust 1
Mci Scholle INC
Quit Claim Deed
related
—
Apr 26, 2001
$940,310
Mci Scholle LLC
Scholle R R & D C Trust 1
Warranty Deed
related
$707,000 · Eaton Fed'l Bk
—
—
Mci Scholle LLC
—
Deed Of Trust
related
$664,335 · Eaton Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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