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Property profile & analytics
OFF-MARKET
Manufacturing properties
2871 Jolly Rd 3, Okemos, MI 48864-3547
Entity Owned
Free & Clear
Property ID
US43-1727034
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Total area
18,487 SF
Lot
1.05 ac (45,912 SF)
Zoning code
I-1
APN
33-06-06-05-101-003
UPID
US43-1727034
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
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
Pleune Service Company
Pleune Service Company
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
I-1 · 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 2019Property tax & assessments
Tax year 2019
Tax billed
$11,398
Tax year 2019
Assessed value
$221,500
Assessed 2023
Previous assessed
$220,300
+0.5% YoY
Effective rate
5.15%
On assessed value
Assessed land
$68,900
Assessed improvement
$152,600
Land market value
$137,800
Improvement market value
$305,200
Total market value
$443,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1988
Heating
SPACE
Stories
1
Total area
18,487 SF
Lot
1.05 ac (45,912 SF)
Zoning code
I-1
APN
33-06-06-05-101-003
UPID
US43-1727034
Jurisdiction
INGHAM
Zoning & alternative use
I-1 · Okemos, MI
Zoning I-1 · permitted uses
I-1 · 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
Year built
1988
Heating
SPACE
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Pleune Service Company
Entity
Free & Clear · 0 yrs held
Mailing address
2871 JOLLY RD, OKEMOS, MI 48864-3547
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2026
$1,400,000
Pleune Service Company
Mavey Boy LLC
Warranty Deed
—
Jan 19, 2023
—
Rai Restoration LLC
Michigan Certified Development Corp
Assignment Of Deed
—
Nov 4, 2022
—
Michigan Certifield Development Cor
Rai Restoration LLC
Assignment Of Lease (leasehold Sale)
$452,000 · Michigan Certified Development Corp
Jun 27, 2022
$1,085,000
Mavey Boy Enterprises LLC
2871 Jolly Road LLC
Warranty Deed
$983,700 · Commercial Bank
Oct 30, 2018
—
2871 Jolly Road LLC
—
Deed
related
$500,000 · Magoun Anne H Trust #1 (pt)
Nov 7, 2016
—
2871 Jolly Road LLC
—
Deed
related
$1,000,000 · Timothy & Kathleen Young
Mar 20, 2013
$340,000
2871 Jolly Road LLC
Kohl,wilhelm W & Laurie S
Warranty Deed
—
Mar 20, 2013
—
Wilhelm W Kohl
St Pierre,ernest G & Susan M
Quit Claim Deed
related
—
—
—
2871 Jolly Road LLC
—
Deed Of Trust
related
$500,000 · Magoun Anne H Trust #1 (pt)
—
—
2871 Jolly Road LLC
—
Deed Of Trust
related
$1,000,000 · Timothy & Kathleen Young
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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