Property summary
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
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Law Firm
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Pediatrician Physician
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Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
RP · Okemos, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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