4747 Okemos RdMeridian charter Township, MI 48864

Property Details for 4747 Okemos Rd

Year built

1958

Lot size

0.46 AC

Property size (Sq ft)

2,094 SF

Zone code

PO

Property type

Office buildings

APN

33-02-02-21-403-011

APU

33020221403011

Description

This exceptional 19,406 square foot office building, located at 4747 Okemos Road in Meridian Charter Township, Michigan, presents a unique leasing opportunity. The property, classified as a Class B building, was constructed in 1958 and features two stories. The building is situated on a substantial 19,406 square foot lot, offering ample space and visibility. The tenancy is single, providing a cohesive and private work environment. The property's address is 4747 Okemos Rd, Meridian Charter Township, MI 48864. The building's parcel number (APN) is 33-02-02-21-403-011. While the upper level is fully functional office space, the lower level is partially finished and not included in the total square footage. This lower level does, however, offer valuable dry storage space. The building's previous use was as a mental health office, suggesting potential suitability for similar professional services. This highly visible location in Meridian Charter Township offers excellent accessibility and exposure for any business. The property is a traditional office building, ideal for a variety of professional uses. Interested parties are encouraged to inquire for further details and leasing information.

• CAP approach

  CAP return

  Valuation

  6%

  $358,468

  6.5%

  $330,893

  7%

  $307,258

• Comparable approach

  Method

  Valuation

  Relative Method

  $195,873

  Geo Method

  $195,873

• Alternative Use

  Use

  Valuation

  Residential

  $410,307

  Hospitality

  $375,839

  Educational

  $312,694

  Medical

  $323,448

  Retail

  $486,413

Location Insight

City

Okemos

County

Ingham

State

Michigan

Latitude

42.7189

Longitude

-84.4282

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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