4880 Marsh Rd $2,500,000


    4880 Marsh Rd Okemos, MI 48864

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    • 8,057 sq. ft.
    • Commercial Sale
    • MLS# 30778827
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    Views: 356 Days On Site: 197

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    Property Details

    This Target and Kroger shadow anchored resturant site is located in the popular Meridian Township entertainment and shopping area across from Meridian Mall. The site features outstanding road frontage on both Marsh Road and Newman Road. Major retailers such as Home Depot, Dicks Sporting Goods, Marshalls, and Target are all in the immediate surrounding area of the site. Outback will vacate this site in February 2022 *18,974 Average Daily Traffic Count Marsh Road *194 Parking Spaces *Fully Improved Resturant Site *Unrivaled High Exposure Location *2.9 Acres with great redevelopment potential

    • General Features
      • Gross Building Size 8057
      • Rental Space Available 8057
      • Property subtypes Restaurant
      • Sale terms Cash to Seller
      • Use types Vacant/Owner-User
      • year built 2006
      • zoning C-3 COMMERCIAL
    • Building Features
      • building name Outback Steakhouse
      • Building status Existing
      • building stories 1
      • total buildings 1
      • visibility Excellent
    • Property Features
      • land size max 2.92
      • land size min 2.92
      • land size unit ACRE


    Matthew Wisniewski

    Matthew Wisniewski

    Commercial Advisor / Managing Broker

    RE/MAX Commercial Group

    Direct: 517-321-2800 x118


    48864 (Okemos) Demographics

    36 Median Age
    1,079 Population Density (per sq. mile)
    81% College Educated
    $86,702 Estimated Median Income
    5,791 Estimated Total Home Owners
    3,371 Estimated Total Renters
    63% / 37% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    23,451 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $340,750 Median Sales Price
    40 Homes Sold
    42 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,500,000
        3/14/2022 4:30:34 PM Status Changed Source: Multiple Listing Service New Value: UNDER_CONTRACT
        12/15/2021 4:31:00 PM New in Database Source: Multiple Listing Service New Value: $2,500,000

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        The data relating to real estate for sale on this website is provided in part by the Catalyst Commercial MLS. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2022 All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.