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

    1300 Falahee Rd Jackson, MI 49203

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5 SF/Yr

    Strategically located industrial space with flexible options for rent.

    Building Details

    Year built
    1960

    We can help!

    Listing Contact
    Brad Margolis
    Brad Margolis
    Source: Naiglobal

    Listing Agency: NAI Farbman - Corporate Listing Agent: Brad Margolis

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

    Learn more

    Overview

    Industrial Space in Jackson, Michigan

    Located in Jackson, Michigan, 1300 Falahee Road offers industrial space suitable for a range of uses. The property is zoned I-1 Industrial, supporting industrial, distribution, and office operations. Space available ranges from 3,600 to 52,700 square feet. The location provides immediate access to major highways, situated one mile from US-127 and three miles from I-94, offering connectivity throughout Michigan and the Midwest. The property is central to major Michigan markets including Detroit, Ann Arbor, Lansing, and Kalamazoo, making it suitable for regional distribution and supply chain operations. It features a 16-foot clear height, suitable for distribution, manufacturing, or storage operations requiring efficient vertical space. Ample paved parking and truck courts facilitate logistics and employee access. The property is professionally managed on-site with responsive ownership and maintenance teams.
    Location Intelligence

    Current Use by Public Records

    Michigan Built Industrial ... Industrial Manufacturer Jake's Wrecker Service Auto Repair Shop RHL Investment Co Warehouse & Storage Midbrook Products Metal Fabrication Plant Automated Logistics Freight Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.345159
    Latitude
    42.232012

    Nearby Similar for Lease

    • New
      $700 /Mo
      1,728 SF

      Retail Building Near Downtown

      Retail building with offices and conference room near downtown.
      604 Greenwood Pl, Jackson, MI 49203
      View Details
    • $13 SF/Yr
      2,594 SF

      Medical Office Space For Rent

      Turn-key medical office space in revitalizing medical corridor.
      1418 E Michigan Ave, Jackson, MI 49202
      View Details
    • $6 SF/Yr
      13,801 SF

      Affordable Office Space in Jackson

      Lower level office space with private offices and ample parking.
      437 Fern Ave, Jackson, MI 49202
      View Details
    • $18 SF/Yr
      400 SF

      Renovated Office Suite in Jackson

      Move-in ready office suite in central business district.
      300 W Washington Ave, Jackson, MI 49201
      View Details
    • $15 SF/Yr
      1,000 SF

      Renovated Commercial Suite in Jackson

      Move-in ready suite in Jackson's central business district.
      300 W Washington Ave, Jackson, MI 49201
      View Details
    • $15 SF/Yr
      1,200 SF

      Renovated Office Suite in Jackson

      Move-in ready commercial suite in central business district.
      300 W Washington Ave, Jackson, MI 49201
      View Details
    • $15 SF/Yr
      1,200 SF

      Renovated Office Suite in Jackson

      Move-in ready office suite in Jackson's central business district.
      300 W Washington Ave, Jackson, MI 49201
      View Details
    • New
      $18 SF/Yr
      2,135 SF

      Professional Office in Medical Corridor

      Professional office space in Jackson's thriving medical corridor.
      113 S East Ave, Jackson, MI 49201
      View Details
    • $18 SF/Yr
      1,600 SF

      Renovated Commercial Suite in Jackson

      Move-in ready commercial suite in Jackson's central business district.
      300 W Washington Ave, Jackson, MI 49201
      View Details
    • $13 SF/Yr
      2,244 SF

      Remodeled Office Building Near Hospital

      2,244 SF office building remodeled in 2023/24, near Henry Ford Hospital.
      1010 Burr St, Jackson, MI 49201
      View Details
    • New
      $11 SF/Yr
      15,000 SF

      Medical/Professional Office Spaces For Lease

      Prime location near Henry Ford Hospital, move-in ready suites available.
      900 E Michigan Ave, Jackson, MI 49201
      View Details
    • New
      $11 SF/Yr
      3,166 SF

      Downtown Jackson Commercial Space Available

      3,166 sq ft commercial space in downtown Jackson for lease.
      132 W Cortland St, Jackson, MI 49201
      View Details

    FAQs

    What type of property is this?
    Flex space - Strategically located industrial space with flexible options for rent.
    Where is this flex space located?
    The property is located at 1300 Falahee Rd Jackson, MI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location: Just 1 mile from US-127 and 3 miles from I-94, offering direct access to major transportation.; - Space available: Find the perfect fit with options ranging from 3,600 to 52,700 SF.; - Zoned I-1 Industrial: Supports a variety of industrial, distribution, and office applications.
    (248) 351-4367
    Request Owner's contact information
    1300 Falahee Rd 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.
    1300 Falahee Rd
    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
    1300 Falahee Rd 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
    Brad Margolis
    Brad Margolis
    Real Estate License ID: 6501371948
    (248) 351-4367 (248) 353-0500
    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!