Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
3985 Okemos Rd 2 Okemos, MI 48864-3692
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US43-0218999
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2003
Total area
2,364 SF
Lot
1.47 ac (63,859 SF)
Zoning code
PO
APN
33-02-02-33-127-002
UPID
US43-0218999
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
-
Okemos Pediatric Dentistry PC Dental Office
-
Okemos Pediatric Dentistry PC: Dr. Melvin S. Jung, DMD Dental Office
-
Tenaglia Smiles Dental Office
-
Okemos Pediatric Dentistry: Melvin Shao-Yun Jung Dental Office
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
Okemos Pediatric Dentistry PC · 15 yrs held
Okemos Pediatric Dentistry PC
since 2011
4 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 2019Property tax & assessments
Tax year 2019
Tax billed
$12,241
Tax year 2019
Assessed value
$241,100
Assessed 2023
Previous assessed
$202,000
+19.4% YoY
Effective rate
5.08%
On assessed value
Assessed improvement
$241,100
Improvement market value
$482,200
Total market value
$482,200
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2003
Heating
YES
Total area
2,364 SF
Lot
1.47 ac (63,859 SF)
Zoning code
PO
APN
33-02-02-33-127-002
UPID
US43-0218999
Jurisdiction
INGHAM
Zoning & alternative use
PO · Okemos, MIZoning PO · permitted uses
PO · Okemos, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Heating
YES
Lot
1.47 ac
Current owner
From public records · entity-resolved
Okemos Pediatric Dentistry PC
Individual
Mailing address
3985 OKEMOS RD #2, OKEMOS, MI 48864-3692
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2011
—
Okemos Pediatric Dentistry PC
Tg Properties-okemos LLC
Quit Claim Deed
related
$335,167 · Fifth Third Bank
—
—
Tg Properites-okemos LLC
—
Deed Of Trust
related
$1,150,000 · Bank Of America
—
—
Tg Properties-okemos LLC
—
Deed Of Trust
related
$75,000 · Irwin Union Bank & Trust Co
—
—
Tg Properties-okemos LLC
—
Deed Of Trust
related
$513,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3985 Okemos Rd, Unit 2?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
