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    3100 E Michigan Ave Jackson, MI 49202

    For Lease
    Contact for pricing

    10,960 SF retail building on 2 acres in Jackson, MI.

    Property size:
    10,960 SF
    Lot size:
    1.65 Acres

    Property Features for 3100 E Michigan Ave

    General Information

    Size
    10,960 SF
    Lot size
    1.65 Acres

    Source: Encore Real Estate Investment Services Agent Dante Hargis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Pharmacy with Drive Thru

    This is a 10,960 square foot free-standing retail building, formerly a Rite Aid pharmacy with a drive-thru, constructed in 1999. It is situated on approximately 2.00 acres of land in Jackson, Michigan. The property benefits from its location on heavily traveled Michigan Avenue, with access to US-127. It features a signalized hard corner with multiple points of ingress and egress. The property has strong intrinsic real estate value, with minimal hard corner real estate available in the surrounding area. It is suitable for drug stores, individual retail properties, retail properties, drive-through restaurants, and restaurants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy Edward J. Denton, ... Pharmacy CDReload - Online Bitcoin ... Crypto Atm Rite Aid Drug Store Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Rite Aid Pharmacy, Edward J. Denton, RPH, Meijer Pharmacy, Walgreens Pharmacy, COVID-19 Drive-Thru Testing at Walgreens

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.363429
    Latitude
    42.256613

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    FAQs

    What type of property is this?
    Drug store - 10,960 SF retail building on 2 acres in Jackson, MI.
    Where is this drug store located?
    The property is located at 3100 E Michigan Ave Jackson, MI.
    What are key features of this property?
    This property features: - High-traffic location on Michigan Ave with US-127 access.; - Signalized hard corner with multiple access points.; - Drive-thru equipped former Rite Aid Pharmacy.
    (248) 702-0289
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    Realmo Value Estimation

    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.

    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.

    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
    3100 E Michigan Ave Jackson, MI 49202
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