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Financial
Distress signals
Property profile

4990 Marsh Rd Okemos, MI 48864

OFF-MARKET
Retail space
Property ID
US43-1841511
4,068 SF 2.2 ac lot Built 1979
Last sale Sep 2025 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4.27-acre multi-parcel property presents a significant redevelopment opportunity in Meridian Charter Township, MI. Located at 4990-5000 Marsh Road, this site boasts 305 feet of frontage on Marsh Road, directly across from the Meridian Mall, a major regional shopping destination. The property encompasses two parcels (APN: 33-02-02-22-126-003, 33-02-02-22-126-007), totaling 29,068 square feet, and is zoned C-2, permitting a three-story building. This flexibility allows for a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$24k
Tax billed · 2019
Assessed value · 2023$389k
Assessed land$323k
Assessed improvement$66k
Effective rate6.29%

Value estimate

· Oct 2026
$620k
$558k – $682k

Realmo valuation models over county records and 8 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 comparables8

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 agency20.3
Wholesale Shop15.1
Storage Facility12.3

Location

4990 Marsh Rd Okemos, MI 48864-1194
County assessor Recorded deeds · 1 transfer 8 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
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
6 properties of the same type nearby
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