Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Vl Watts St Jackson, MI 49203

    Sponsored
    For Sale
    Contact for pricing

    LAND - Jackson, MI

    Lot size:
    0.16 Acres
    Days on Market:
    159
    Last Refresh:
    Feb 28 at 1:06 pm

    Property Features for Vl Watts St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    38-000-08-36-415-009-00
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Morgan Meredith
    Morgan Meredith

    Keller Williams Realty (517) 853-1200

    Listing agent Morgan Meredith (517) 505-1422 License #6501422310

    Listing date Sep 23, 2025

    MLS# 290329 Listing URL

    Copyright © 2026 Greater Lansing Association of Realtors. 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

    Residential Land in Jackson, MI

    This 0.16-acre parcel presents an opportunity for residential construction. Located on a quiet street with few neighboring homes, the buildable lot offers public water, sewer, and electricity available at the street. The property's setting and utility access make it suitable for new construction in a private location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.37099
    Latitude
    42.248143

    Nearby Similar for Sale

    • New
      $399,000
      3,016 SF

      Commercial Building on 4 Acres

      3,000 sq ft building on 4 acres in Jackson.
      130 Street Ct East, Jackson, MI 49201
      View Details
    • $350,000
      1,824 SF

      Renovated Office Building with Vault

      Recently renovated office building with a vault and detached garage.
      2320 Francis St, Jackson, MI 49203
      View Details
    • $569,900
      924 SF

      Prime Commercial Opportunity in Jackson

      Turnkey restaurant opportunity with high visibility and strong investment potential.
      1201 Cooper St, Jackson, MI 49202
      View Details
    • New
      $399,999
      4,000 SF

      Jackson, MI Retail Opportunity

      Retail property for sale in Jackson, Michigan with 4,000 SF.
      3233 Page Ave, Jackson, MI 49201
      View Details
    • $345,000
      1,880 SF

      Versatile Commercial Property Near I-94

      Commercial property suitable for medical, retail, or professional service uses.
      3165 County Farm Rd, Jackson, MI 49201
      View Details
    • $350,000
      1,824 SF

      Office Building in Jackson, MI

      Office property for sale in Jackson, Michigan with C1 zoning.
      2320 Francis St, Jackson, MI 49203
      View Details
    • $699,000
      2,850 SF

      High-Visibility Retail Space in Jackson

      Prime retail location in Jackson's booming commercial area.
      1400 N West Ave, Jackson, MI 49202
      View Details
    • New
      $289,000
      3,233 SF

      Prime Commercial Space in Jackson

      High-traffic location with flexible space and income potential.
      1425 Wildwood Ave, Jackson, MI 49202
      View Details
    • $139,000
      Pending

      Two Commercial Buildings on One Parcel

      Two commercial buildings on one parcel suitable for various businesses.
      728-730 W Franklin St, Jackson, MI 49201
      View Details
    • $233,900
      2,200 SF

      Commercial Building Near Downtown Jackson

      2200 SF commercial building suitable for office or retail.
      1217 Greenwood Ave, Jackson, MI 49203
      View Details
    • $275,000
      4,800 SF

      Commercial Building Near Railroad Station

      Commercial building near the railroad station and hospital.
      429 Hupp Ave, Jackson, MI 49201
      View Details
    • $345,000
      1,880 SF

      Office Space in Jackson, MI

      Office property for sale in Jackson, Michigan.
      3165 County Farm Rd, Jackson, MI 49201
      View Details

    FAQs

    What type of property is this?
    Land - Secluded buildable lot with utilities available in Jackson, MI.
    Where is this land located?
    The property is located at Vl Watts St Jackson, MI.
    What is the asking price?
    The asking price for this property is $10,000.
    What are key features of this property?
    This property features: - Buildable .16-acre lot in a secluded, private location.; - Public water, sewer, and electricity available at the street.; - Quiet street with few neighboring homes.
    (517) 505-1422
    Request Owner's contact information
    Vl Watts St Jackson, MI 49203
    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.
    Vl Watts St
    Jackson, MI 49203
    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
    Vl Watts St Jackson, MI 49203
    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
    Morgan Meredith
    Morgan Meredith
    Real Estate License ID: 6501422310
    (517) 505-1422 (517) 853-1200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!