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    FOR SALE
    Commercial land

    3381 Hulett Rd, Okemos, MI 48864

    0.84 ac lot
    Entity Owned 19-yr Hold Free & Clear
    Property ID
    US43-1408381
    Property summary
    AI-generated overview

    This exceptional 31,000 square foot commercial land parcel presents a unique investment opportunity in the thriving Okemos, Michigan market. Located at 3381 Hulett Rd, this property boasts excellent visibility and accessibility, with frontage on Hulett Road. Its strategic location offers convenient access to I-96, Okemos High School, and nearby interchange services, ensuring high traffic and visibility for any future development. The lot is serviced by Consumers Energy for electricity and gas, and the Lansing Board of Water & Light provides water services, simplifying the development process. This site presents a significant advantage for businesses seeking a prime location in a rapidly growing area. Furthermore, this property offers the potential for expansion, as it can be combined with Unit #11 in the adjacent Fountain Pointe Office/Warehouse park to create a larger 1.5-acre site, providing even greater development flexibility. This is an ideal location for a variety of commercial ventures, offering a blend of convenience, visibility, and growth potential. The asking price for this exceptional property is $157,000. Don't miss this chance to secure a prime piece of commercial real estate in Okemos, MI. The property is zoned for commercial use (verification of zoning with local authorities is recommended).

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.84 ac (36,590 SF)
    Zoning code OW
    APN 33-06-06-05-100-062
    UPID US43-1408381
    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
    Forsberg General Building LLC · 19 yrs held
    Forsberg General Building LLC
    since 2006
    1 recorded transaction
    2006
    Zoning & alternative use
    OW · Okemos, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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