Okemos Rd Building

Office for Sale
Sale Pending
Catylist Listing ID: 30000308
Property Subtypes: Medical, Office Building
Status: Pending
Building Size (RSF): 6,500 SF
Gross Land Area: 1.15 Acres
Sale Price: $539,000
Unit Price: $82.92 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 4277 Okemos Rd Bldg. A
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/20/2018

Overview / Comments

The entire first lst Floor has 5,017sq.ft and finished lower level space of 1,500
Half of the building under long term lease. Additional building site comes with property . Contact Agent for details


Finance Data Year 2016
Real Estate Taxes - Annual($) $13,533 (Annual)
Assessed Value - Total($) $209,500 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: Meridian
Tax ID/APN: 33-02-02-28-177-010
Market Type: Large
Property Located Between: Science Parkway and Jolly
Side of Street: West
Road Type: Highway
Property Visibility: Excellent
Transportation: Bus
Highway Access: I-96
Airports: Lansing
Site Description: Single story office builing with 45 parking and large Marque sign.
Area Description: High profile Office Area in Meridian TWP
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1979
Year Renovated: 2006
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: New Roof recently installed
Parking Type: Surface
Total Parking Spaces: 48
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Research Park
Lot Frontage: 200
Lot Depth: 250
Land Ownership: 4277 Okemos Rd, LLC
Legal Description: Lot 2 Red Cedar Research Center TWP of Meridian,Ingham County, MI, according to the recorded plat,as recorded in Liber 26of plats, Page 43, Ingham County records

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,337 55,778 131,361
Median Age: 37.04 31.47 32.65
Households: 3,970 18,616 50,775


Photograph of Listing Agent

Kenneth B. Stockwell CCIM,SIOR

Stockwell Real Estate Group, Inc. CPIX Member
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