3474 Alaiedon PkwyOkemos, MI 48864

  • Office buildings
  • 12,492 SF
For Lease
$15/SF/YR View listing

Property Details for 3474 Alaiedon Pkwy

Year built
1992
Lot size
1.10 AC
Property size (Sq ft)
12,492 SF
Zone code
GO
Property type
Office buildings
APN
33-06-06-04-227-003
APU
33060604227003

Description

This exceptional Class A office space, located at 3474 Alaiedon Parkway in Okemos, Ingham County, offers a variety of suite options within a 12,492 square foot building. Built in 1992, the property boasts a prime location at the intersection of Jolly Road, Okemos Road, and I-96, providing unparalleled access to major transportation routes. The building offers multiple tenancy options, with suites ranging from a minimum of 719 square feet to a maximum contiguous space of 3,072 square feet. Currently, there are 6,734 square feet of vacant space available, perfect for businesses seeking flexible and modern office accommodations. The building features ample free parking, a significant advantage for employees and clients. Occupancy is negotiable, allowing for flexibility in lease terms to suit individual business needs. The strategic location also places the property in close proximity to a variety of amenities, including banks, restaurants, hotels, and other essential services typically found near major highway interchanges. This is an ideal opportunity for businesses seeking a prestigious and convenient location in Okemos.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,138,480
    6.5%
    $1,973,981
    7%
    $1,832,983
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,168,502
    Geo Method
    $1,168,502
  • Alternative Use

    Use
    Valuation
    Residential
    $2,447,737
    Hospitality
    $2,242,114
    Educational
    $1,865,412
    Medical
    $1,929,567
    Retail
    $2,901,752

Location Insight

City
Okemos
County
Ingham
State
Michigan
Latitude
42.6808
Longitude
-84.4264
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
2019
$21,811
$71,900
$390,000
$461,900
-
$143,800
$780,000
$923,800

FAQs

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