Financial
Distress signals
Property profile

2398 Jolly Rd Okemos, MI 48864

FOR LEASE
Strip malls
Property ID
US43-0233474
23,726 SF 24.79 ac lot Built 2001
Last sale Feb 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2398 Jolly Rd, Okemos, MI 48864 For Lease
$18 SF/Yr
2398 Jolly Rd, Okemos, MI 48864
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Property summary

AI-generated overview

This exceptional 2,202 square foot retail space, located within the Okemos Point Plaza at 500 Okemos Road, presents a unique opportunity for a discerning business. Part of a Class A, single-story building constructed in 2001, this property boasts a total of 10,239 square feet and offers ample parking with 70 spaces. Currently vacant, the space is adaptable and ready for immediate occupancy. The landlord is willing to provide a "white box" build-out for a new tenant, making it ideal for a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026
$385k
$347k – $424k
Submarket $/SF estimate$1.52M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$38 – $90

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.9
Wholesale Shop15.3
Auto Parts Store13.1

Location

2398 Jolly Rd Okemos, MI 48864
County assessor · not on file Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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