Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    603 Lansing Ave Jackson, MI 49202

    Sponsored
    Picture of Office buildings at Lansing Ave 603, Jackson, MI
    For Sale
    $699,900

    Office - Jackson, MI

    Type:Office
    Property size:
    4,340 SF
    Lot size:
    1.37 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 20 at 7:06 pm

    Property Features for 603 Lansing Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    R-4
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    1-033300000
    Parking
    20
    Exterior features
    Outdoor Storage
    Size
    4,340 SF
    Lot size
    1.37 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1994
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    ROBERT TIPTON

    Exit Realty 1st (517) 745-1007

    Listing agent ROBERT TIPTON (517) 745-1007 License #6501375443

    Listing date Feb 20, 2026

    MLS# 26006263 Listing URL

    Copyright © 2026 Jackson Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Jackson Office Building For Sale

    This office building is located in Jackson, Michigan. The property has a total area of 4,340 square feet and is situated on a 1.37-acre lot. The zoning is R-4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. David O. ... Physician Central Clinic Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.41365
    Latitude
    42.255163

    Nearby Similar for Sale

    • $1,600,000
      7,204 SF

      Profitable Golf Course with Residence

      Well-maintained golf course with potential, includes residence and 130+ acres.
      5751 Brooklyn Rd, Jackson, MI 49201
      View Details
    • $1,600,000
      7,204 SF

      Jackson Retail Opportunity on 131 Acres

      Retail property on a large lot in Jackson, Michigan.
      5751 Brooklyn Rd, Jackson, MI 49201
      View Details
    • $949,900
      6.87 Acres

      Income Property on 6.87 Acres

      Income property with development potential near main highway, 30 minutes from Ann Arbor.
      6127 Brooklyn Rd, Jackson, MI 49201
      View Details
    • $949,900
      8,390 SF

      Jackson Multifamily Investment Opportunity

      Multifamily property in Jackson, MI, with commercial zoning.
      6127 Brooklyn Rd, Jackson, MI 49201
      View Details
    • $699,000
      5,879 SF

      Restored Historic Building with Modern Functionality

      Versatile, restored historic building with modern functionality and commercial kitchen.
      323 S Cooper St, Jackson, MI 49201
      View Details
    • $699,000
      5,879 SF

      Retail Opportunity in Jackson, MI

      Retail property for sale in Jackson, Michigan, offering 5879 square feet.
      323 S Cooper St, Jackson, MI 49201
      View Details
    • $749,000
      9,720 SF

      Versatile Commercial Space with Updates

      Updated commercial space with banquet facility, kitchen, and offices.
      3010 Wildwood Ave, Jackson, MI 49202
      View Details
    • $329,900
      3,393 SF

      Victorian Office Building Near Courthouse

      Two-story office building with historic charm and modern functionality.
      601 S Jackson St, Jackson, MI 49203
      View Details
    • $749,000
      9,720 SF

      Jackson, MI Retail Opportunity

      Retail property for sale in Jackson, Michigan with 9,720 SF.
      3010 Wildwood Ave, Jackson, MI 49202
      View Details
    • $1,200,000
      21,000 SF

      Versatile Industrial Property in Jackson

      21,000 SF industrial property on over 3 acres.
      1005 Thorrez Rd, Jackson, MI 49201
      View Details
    • New
      $1,725,000
      15,000 SF

      Medical Office Building on Michigan

      15,000 SF medical office building in Jackson, Michigan.
      900 E Michigan Ave, Jackson, MI 49201
      View Details
    • $1,200,000
      21,000 SF

      Jackson Industrial Property For Sale

      21,000 SF industrial property on 1.73 acres.
      1005 Thorrez Rd, Jackson, MI 49201
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in Jackson, MI with 4,340 square feet.
    Where is this office building located?
    The property is located at 603 Lansing Ave Jackson, MI.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Brick Construction; - Natural Gas Heating; - Forced Air Heating
    (517) 795-4923
    Request Owner's contact information
    603 Lansing Ave Jackson, MI 49202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    603 Lansing Ave
    Jackson, MI 49202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    603 Lansing Ave Jackson, MI 49202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    ROBERT TIPTON
    Real Estate License ID: 6501375443
    (517) 795-4923 (517) 745-1007
    Learn more
    Google sign-in failed. Please try again or use another login method.