Financial
Distress signals
Property profile

2525 Jolly Rd 27 Okemos, MI 48864

OFF-MARKET
Office buildings
Property ID
US43-1859555
14,936 SF 1.81 ac lot Built 1999
Last sale Sep 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The offering consists of two commercial buildings totaling approximately 29,226 square feet in the Okemos submarket of Greater Lansing, Michigan. The buildings are located along Jolly Road, with access to major transportation routes including I-96 and US-127 and proximity to the East Lansing/Okemos retail corridor, as well as nearby Michigan State University, downtown Lansing, and regional healthcare and technology employers. The buildings are configured as a mix of medical and office space

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 · 2019

What does the county charge?
$36k
Tax billed · 2019
Assessed value · 2023$783k
Assessed land$118k
Assessed improvement$665k
Effective rate4.61%

Value estimate

· Sep 2026
$580k
$522k – $638k
CAP approach$2.07M
Submarket $/SF estimate$2.07M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$99 – $164

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?
B-1
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 Supply11.0
Hair Salon9.8
Parking Facility9.5

Location

2525 Jolly Rd, Unit 27 Okemos, MI 48864-3680
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4780 Okemos Rd, Okemos, MI 48864-1669 $565,000 Oct 2024 2,450 SF
4225 Okemos, Okemos, MI 48864-3232 $480,000 May 2024 3,584 SF
2342 Woodlake, Okemos, MI 48864-5931 $550,000 Jun 2023 5,921 SF
2174 Cmns, Okemos, MI 48864-3986 $327,500 Apr 2023 3,188 SF
2133 University Park, Okemos, MI 48864-6904 $1,155,000 Dec 2022 11,592 SF
2187 Jolly, Okemos, MI 48864-3961 $1,300,000 Oct 2022 11,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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