4901 Okemos Rd Okemos, MI 48864-1034
Property profile & analytics
4901 Okemos Rd Okemos, MI 48864-1034
- Retail space
- 4,800 SF
- 2.89 lot acres
Property ID
US43-1527108
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Sugar Berry Frozen Yogurt / Cafe & Coffee Shop / Take-out & Catering
- Breadsmith / Bakery / Specialty Food Shop
Property Details for 4901 Okemos Rd
- Year built
- 1984
- Lot size
- 2.89 lot acres
- Property size
- 4,800 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 33-02-02-21-205-033
- APU
- 33020221205033
Description
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 established businesses such as Pet Supplies Plus, Breadsmith, and Sugar Berry Frozen Yogurt, creating a vibrant and attractive retail environment. This presents a unique chance to establish a business in a thriving area with excellent access to a large consumer base, including the significant student population of Michigan State University. The available space offers 1,500 square feet of adaptable interior, ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and explore the potential of this exceptional retail location. The building is situated within a well-established commercial area, providing ample parking and convenient access for customers. This is an excellent opportunity for businesses seeking a high-traffic location with strong co-tenancy in a desirable Michigan community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $605,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $550,000
- 6.5%
- $510,000
- 7%
- $475,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $561,000
- AI Estimate
- $510,000
Market price range: $207k - $561kMarket price range: $164k - $510k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $380,000 Current use
- OFFICE BUILDING
- $635,000 Change: +67% Conversion: Easy
- MEDICAL BUILDING
- $590,000 Change: +55% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $550,000 Change: +44% Conversion: Easy
- AUTO REPAIR, GARAGE
- $485,000 Change: +27% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Okemos
- County
- Ingham
- State
- Michigan
- Longitude
- -84.4282
- Latitude
- 42.7231
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$65,114
$823,500
$111,300
$934,800
-
$1,647,000
$222,600
$1,869,600
