2365 Woodlake DrOkemos, MI 48864

Property Details for 2365 Woodlake Dr

Year built

1996

Lot size

2.73 AC

Property size (Sq ft)

14,376 SF

Zone code

B-1

Property type

Office buildings

APN

33-06-06-04-101-013

APU

33060604101013

Description

This exceptional 14,490-square-foot executive office space is ideally situated in Okemos, Michigan, at 2365 Woodlake Drive, 48864. The entire building is currently vacant and available for immediate occupancy as a single-tenant space. Its strategic location near the intersection of Jolly Road and Okemos Road, with convenient access to the I-96 interchange, ensures excellent accessibility for employees and clients. The property benefits from its proximity to a wide array of amenities, including medical and educational facilities, restaurants, dry cleaning services, fitness centers, grocery stores, and retail shops, providing a convenient and desirable work environment. Ample free on-site parking is available, eliminating parking hassles for staff and visitors. This turnkey office building presents a rare opportunity for a business seeking a substantial, well-located, and fully equipped space to establish or expand its operations. The property type is classified as an office building, specifically an executive office suite, offering a prestigious and functional workspace. The building's total square footage is 14,490 square feet, all of which is currently vacant. This presents a unique chance to customize the space to perfectly meet the needs of a single tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $2,460,998

  6.5%

  $2,271,690

  7%

  $2,109,427

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,344,731

  Geo Method

  $1,344,731

• Alternative Use

  Use

  Valuation

  Residential

  $2,816,896

  Hospitality

  $2,580,262

  Educational

  $2,146,747

  Medical

  $2,220,577

  Retail

  $3,339,385

Location Insight

City

Okemos

County

Ingham

State

Michigan

Latitude

42.6804

Longitude

-84.4369

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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