$605,000

4901 Okemos Rd, Okemos, MI 48864
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Meridian Pavilion offers a prime retail opportunity in Okemos, Michigan. This multi-tenant building totals 4,624 square feet, with 1,500 square feet currently available for lease. The space is ideally suited for a variety of retail uses, previously operating as a training facility. Its convenient location in Ingham County places it just 3.2 miles from Michigan State University, ensuring high visibility and foot traffic. The property benefits from strong co-tenancy, sharing the building with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?

$65k

Tax billed · 2022

Assessed value · 2023$935k

Assessed land$824k

Assessed improvement$111k

Effective rate6.97%

Value estimate

· Nov 2026

$605k

$545k – $666k

AI approach$605k

CAP approach$510k

Submarket $/SF estimate$561k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?

$79/SF

County average, outlier-cleaned · 136 recorded sales of this use type

Observed band · Q1–Q3$43 – $117

Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

C-2

JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency15.0

Law Firm10.2

Convenience Store10.1

4901 Okemos Rd Okemos, MI 48864

County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby

Address Sale price Sold Size

4749 Central Park, Okemos, MI 48864-1973 $850,000 Jan 2025 6,895 SF

2114 Hamilton, Okemos, MI 48864-1745 $1,300,000 Sep 2024 6,164 SF

4690 Okemos, Okemos, MI 48864-1728 $1,300,000 Sep 2024 6,678 SF

4708 Okemos, Okemos, MI 48864-1603 $425,000 Apr 2024 4,000 SF

2260 Jolly Oak, Okemos, MI 48864-4528 $630,000 Oct 2021 3,932 SF

2359 Grand Riv, Okemos, MI 48864 $700,000 Oct 2020 5,050 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$375,000

4,704 SF

2189 Grand Riv Ave

RETAIL STORES (PERSONAL SERVICES)

2189 Grand Riv Ave, Okemos, MI 48864-1666

View Details
Value Estimation
$715,000

5,050 SF

2359 Grand Riv Ave

RETAIL STORES (PERSONAL SERVICES)

2359 Grand Riv Ave, Okemos, MI 48864

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Value Estimation
$410,000

4,310 SF

2041 Grand Riv Ave

RETAIL STORES (PERSONAL SERVICES)

2041 Grand Riv Ave, Okemos, MI 48864-1706

View Details
Value Estimation
$855,000

6,895 SF

4749 Central Park Dr

RETAIL STORES (PERSONAL SERVICES)

4749 Central Park Dr, Okemos, MI 48864-1973

View Details
Value Estimation
$440,000

7,000 SF

2364 Jolly Oak Rd, Unit 12

RETAIL STORES (PERSONAL SERVICES)

2364 Jolly Oak Rd, Okemos, MI 48864

View Details
Value Estimation
$415,000

7,164 SF

1699 Grand Riv Ave

GROCERY, SUPERMARKET

1699 Grand Riv Ave, Okemos, MI 48864-1815

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Similar Nearby for Sale

Contact for pricing
3,932 SF

Retail/Office Building with Drive-Thru

Retail/office property with an existing drive-thru setup, on-site parking, and expansion capacity using excess land.

2260 Jolly Oak Rd, Okemos, MI 48864

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$525,000

2,669 SF

Office Building With Drive-Through

Freestanding professional property with dedicated drive-through infrastructure and PO, Professional and Office zoning.

4815 Okemos Road, Okemos, MI 48864

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12,990 SF

Renovated Multi-Tenant Shopping Center

Signalized-corner retail property with full occupancy and on-site parking.

3520 Okemos Rd, Okemos, MI 48864

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Similar Nearby for Lease

New

$25 SF/Yr

6,016 sqft

Modern Retail Space

Flexible commercial layout suited to retail, showroom, service, or specialty uses.

2049 Grand River Ave, Okemos, MI 48864

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$18 SF/Yr

1,700 sqft

Glass-Front Storefront

The commercial space offers convenient parking and prominent signage for passing traffic.

2189 W Grand River Ave, Okemos, MI 48864

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Contact for pricing
1,177 sqft

End Cap Retail Space

End cap storefront with strong daily traffic and ample on-site parking, with up to 2,377 SF contiguous space available.

3520 Okemos Rd, Okemos, MI 48864

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$17 SF/Yr

21,168 sqft

Grand River Retail/Light Industrial Space

Retail and light industrial spaces available in Okemos shopping center.

1850 W Grand River Ave, Okemos, MI 48864

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New

$1,300/Mo

2,600 sqft

Retail Shopping Center Near I-96

The center sits near the Jolly Road and Okemos Road intersection, with established businesses among its tenants.

2311 Jolly Road, Okemos, MI 48864

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New

$14 SF/Yr

55,000 sqft

Retail Space with Monument Signage

Units totaling 2,519 to 2,950 SF are available at Central Park Place with building and monument signage.

5100 Marsh Rd, Okemos, MI 48864

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