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    Okemos, MI
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    Okemos, MI Retail Properties & Spaces for Sale

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    East Lansing, MI Haslett, MI Lansing, MI
    7 properties
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    Redevelopment Opportunity Near Meridian Mall
    Updated: Jul 29, 2021
    Redevelopment Opportunity Near Meridian Mall

    Okemos, MI 48864

    $3,749,000
    29,068 sqft · 4.27 AC lot
    Prime redevelopment opportunity across from the Meridian Mall.
    4.27 acres with 305 feet of frontage on Marsh Road.
    Allows for a 3‑story building suitable for corporate headquarters, office, or hotel.
    Convenient location to East Lansing, MSU Campus, Okemos, Haslett, and Williamston.
    Surrounded by national retailers (Dick's, Target, Kroger, etc.).
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    4990 - 5000 Marsh Road, Meridian charter Township, MI 48864

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $200K
      Annual

    • Mortgage

      $990K
      Recorded

    • Last Sold

      Sep 2025
      $1.55M

    • Property Type

      Retail Stores
      Built 1979
    View Property Analytics
    Freestanding Retail and Office Building
    Updated: Jun 2
    Freestanding Retail and Office Building

    4815 Okemos Road, Okemos, MI 48864

    $525,000
    2,669 sqft · 1.94 AC lot
    Freestanding 2,669 SF retail or office building on 1.94 acres in Meridian Charter Township
    Additional 1,500 SF four‑lane drive‑thru infrastructure on‑site
    Zoned PO, Professional and Office
    Brick construction with forced‑air heating and central air
    Composition roof and year built 1989
    View details
    Okemos Commercial Property For Sale
    Okemos Commercial Property For Sale

    1930 W Grand River Avenue, Okemos, MI 48864

    $2,950,000
    44,122 sqft · 1.12 AC lot

    Commercial property in Okemos retail corridor with high traffic and visibility.

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    Freestanding Retail or Office Building
    Freestanding Retail or Office Building

    4815 Okemos Road, Okemos, MI 48864

    $525,000
    2,669 sqft · 1.94 AC lot

    Freestanding 2,669 SF building with an added four-lane drive-thru and established drive-thru infrastructure for flexible user types.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Restaurant Site in Okemos
    Restaurant Site in Okemos

    4880 Marsh Rd, Okemos, MI

    $2,500,000
    8,057 sqft · 2.92 AC lot

    Restaurant property in high-traffic Meridian Township entertainment and shopping area.

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    Regional Shopping Center For Sale
    Regional Shopping Center For Sale

    4886 Marsh Road |, Okemos, MI 48864

    Contact for pricing

    240,000 SF shopping center anchored by Kroger, Marshalls and Target.

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    Retail Development Site on Grand River
    Retail Development Site on Grand River

    Okemos, MI 48864

    $1,350,000
    1,948 sqft · 5.53 AC lot

    5.53 acre retail development site with existing building.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Okemos, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    223 N Clippert Street, Lansing, MI 48912

    $950,000
    4,054 sqft · 1.11 AC lot

    Freestanding retail building with added drive-thru infrastructure on a highly visible commercial corridor in Lansing.

    View details
    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    223 N Clippert St, Lansing, MI 48912

    $950,000
    4,054 sqft · 1.11 AC lot

    Freestanding retail building with added drive-thru infrastructure, positioned for professional, medical, or service use.

    View details
    Turnkey Salon Business Opportunity
    Turnkey Salon Business Opportunity

    1393 E Grand River Ave, East Lansing, MI 48823

    $64,900
    1,600 sqft

    Well-equipped salon with five styling stations and wash bowls, plus dedicated expansion room for added services.

    View details
    East Lansing Retail Opportunity
    East Lansing Retail Opportunity

    2655 E. Grand River Ave., East Lansing, MI 48823

    Contact for pricing

    Retail property in close proximity to various amenities.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Lansing, MI
    Commercial Land in Lansing, MI

    DUNCKEL Road, Lansing, MI 48910

    $499,900
    3.43 AC lot

    3.43 acre commercial vacant parcel near Dunkel Rd.

    View details
    Commercial Land on Saginaw
    Commercial Land on Saginaw

    E M-43 Street, Lansing, MI 48906

    Contact for pricing
    0.20 AC lot

    Buildable commercial lot on M43 Saginaw in Lansing, Michigan.

    View details
    Lansing Commercial Land Opportunity
    Lansing Commercial Land Opportunity

    800 W Mount Hope Ave, Lansing, MI 48910

    $99,900

    Commercial land in Lansing with multiple potential uses.

    View details
    Lansing Land For Sale
    Lansing Land For Sale

    615 E Kalamazoo Street, Lansing, MI 48912

    $65,000
    0.41 AC lot

    High visibility Lansing lot zoned light industrial with many possibilities.

    View details

    Off-Market Properties in Okemos, MI

    Consider similar Off-Market properties in Okemos, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4990 Marsh Rd
    RETAIL STORES (PERSONAL SERVICES)

    4990 Marsh Rd, Okemos, MI 48864-1194

    Value Estimation by Request
    4,068 sqft · 2.20 AC lot
    View details
    4750 Central Park Dr
    SHOPPING CENTER, STRIP CENTER

    4750 Central Park Dr, Okemos, MI 48864-1968

    $725,000
    Estimated value
    8,138 sqft · 1.26 AC lot
    View details
    4750 Central Park Dr
    SHOPPING CENTER, STRIP CENTER

    4750 Central Park Dr, Okemos, MI 48864-1968

    $665,000
    Estimated value
    12,065 sqft · 2.99 AC lot
    View details
    5140 Times Sq Pl
    DRIVE-THRU RESTAURANT, FAST FOOD

    5140 Times Sq Pl, Okemos, MI 48864-1161

    $640,000
    Estimated value
    4,641 sqft · 2.15 AC lot
    View details
    1982 Grand Riv Ave
    DEPARTMENT STORE

    1982 Grand Riv Ave, Okemos, MI 48864-1736

    $1,545,000
    Estimated value
    153,384 sqft · 9.47 AC lot
    View details
    3440 Okemos Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    3440 Okemos Rd, Okemos, MI 48864-3924

    Value Estimation by Request
    4,729 sqft · 1.14 AC lot
    View details
    4749 Central Park Dr
    RETAIL STORES (PERSONAL SERVICES)

    4749 Central Park Dr, Okemos, MI 48864-1973

    $855,000
    Estimated value
    6,895 sqft · 0.90 AC lot
    View details
    2380 Jolly Rd
    AUTO REPAIR, GARAGE

    2380 Jolly Rd, Okemos, MI 48864-3559

    Value Estimation by Request
    1,240 sqft · 0.89 AC lot
    View details
    4696 Okemos Rd
    RETAIL STORES (PERSONAL SERVICES)

    4696 Okemos Rd, Okemos, MI 48864-1728

    $1,300,000
    Estimated value
    1,610 sqft · 0.21 AC lot
    View details
    2131 Grand Riv Ave
    DRUG STORE, PHARMACY

    2131 Grand Riv Ave, Okemos, MI 48864-1601

    $1,560,000
    Estimated value
    14,212 sqft · 1.44 AC lot
    View details
    4690 Okemos Rd, Unit 5
    RETAIL STORES (PERSONAL SERVICES)

    4690 Okemos Rd, Okemos, MI 48864-1728

    Unit 5
    Value Estimation by Request
    6,678 sqft · 0.47 AC lot
    View details
    2114 Hamilton Rd, Unit 5
    RETAIL STORES (PERSONAL SERVICES)

    2114 Hamilton Rd, Okemos, MI 48864-1745

    Unit 5
    Value Estimation by Request
    6,164 sqft · 0.25 AC lot
    View details
    4708 Okemos Rd
    RETAIL STORES (PERSONAL SERVICES)

    4708 Okemos Rd, Okemos, MI 48864-1603

    Value Estimation by Request
    4,000 sqft · 0.29 AC lot
    View details
    2284 Woodlake Dr, Unit 3
    RESTAURANT

    2284 Woodlake Dr, Okemos, MI 48864-5933

    Unit 3
    $590,000
    Estimated value
    5,596 sqft · 1.90 AC lot
    View details
    2189 Grand Riv Ave
    RETAIL STORES (PERSONAL SERVICES)

    2189 Grand Riv Ave, Okemos, MI 48864-1666

    Value Estimation by Request
    4,704 sqft · 0.49 AC lot
    View details
    4800 Okemos Rd
    RETAIL STORES (PERSONAL SERVICES)

    4800 Okemos Rd, Okemos, MI 48864-1664

    $1,325,000
    Estimated value
    13,567 sqft · 2.65 AC lot
    View details
    3544 Meridian Crossings
    SHOPPING CENTER, STRIP CENTER

    3544 Meridian Crossings, Okemos, MI 48864-6025

    $1,995,000
    Estimated value
    26,946 sqft · 2.64 AC lot
    View details

    Okemos, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Okemos, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 88,533 square feet of properties for sale, with an estimated market value of $11,599,000.

    Sale prices for stores in Okemos, MI start at $525,000, averaging $1,933,166, and reaching up to $3,749,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Banks 2
    Shopping centers 2
    Storefront properties 1

    Demographics Overview

    Population 24K
    Population Growth (5Y) +1.8%
    Median Household Income $113,145
    College Educated 60.3%

    High-Yield Neighborhoods for Investment

    Identify Okemos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48864 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 5.36%
    Property Tax per SF $84.46 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

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