2479 Woodlake CirOkemos, MI 48864

Property Details for 2479 Woodlake Cir

Year built

1994

Lot size

1.18 AC

Property size (Sq ft)

8,020 SF

Zone code

B-1

Property type

Office buildings

APN

33-06-06-04-101-016

APU

33060604101016

Description

This exceptional single-story office building, totaling 8,063 square feet, presents a fantastic opportunity for businesses seeking a prominent location in Okemos, Ingham County. Currently, 5,741 square feet of space is immediately available within this Class B property, ideal for a variety of office configurations. Situated at the highly visible corner of Okemos Road and Jolly Road, the building benefits from exceptional visibility and accessibility. The location offers unparalleled convenience, with close proximity to a wide array of amenities including restaurants, fitness centers, hotels, dry cleaners, grocery stores, retail shops, medical facilities, and educational institutions. Commuting is a breeze with easy access to I-96. The building itself is a single-story structure with no elevators. The property is classified as a Traditional Office and Executive Office space, suitable for multiple tenants. This is a rare opportunity to secure a well-located, sizable office space in a thriving area. The address is 2479 Woodlake Circle. Don't miss out on this chance to establish your business in a prime Okemos location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,372,927

  6.5%

  $1,267,318

  7%

  $1,176,795

• Comparable approach

  Method

  Valuation

  Relative Method

  $750,191

  Geo Method

  $750,191

• Alternative Use

  Use

  Valuation

  Residential

  $1,571,474

  Hospitality

  $1,439,462

  Educational

  $1,197,615

  Medical

  $1,238,803

  Retail

  $1,862,957

Location Insight

City

Okemos

County

Ingham

State

Michigan

Latitude

42.6797

Longitude

-84.4408

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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