Property profile

4265 Okemos Rd 1 Okemos, MI 48864

OFF-MARKET
Office buildings
Property ID
US43-1050544
434 SF Built 1984
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents two Class A office suites totaling 1,958 square feet, located at 4265 Okemos Rd in Meridian Charter Township, Michigan, 48864. Priced at $289,900, this property offers a compelling price per square foot of $148.06. The suites are part of a larger condominium building, with ownership encompassing 24.5% of the building. Individual unit square footage is not specified, but the combined space includes a shared meeting/training room of approximately 500 square feet located in the basement. Ample basement storage is also included. The property boasts convenient access to I-96. Condominium association dues are $1,129 per month. The 2024 State Equalized Value (SEV) assessments are $33,200 for Unit 1 and $94,800 for Unit 2. Property taxes for Unit 1 are $2,150 annually, and $5,200 annually for Unit 2. Parcel numbers are 33-02-02-28-177-026 and 027. This property is ideal for investors seeking a strong return in a desirable location. The property is classified as both Executive and Traditional Office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 434 SF
Zoning code RP
APN 33-02-02-28-177-026
UPID US43-1050544

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Law Firm
  • Pediatrician Physician
  • Medical Clinic

Location

4265 Okemos Rd, Unit 1 Okemos, MI 48864-3285
Okemos metro Census 4902 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2026
Last sale
$200,000
3 recorded transactions
2026
$200,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RP · Okemos, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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