2005 E Michigan Avenue Jackson, MI 49202
Centrally located commercial property near downtown Jackson.
Property Features for 2005 E Michigan Avenue
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1985
Listing office ERA Reardon Realty, L.L.C. (517) 740-4421
Listing date Apr 11, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ERA Reardon Realty, L.L.C.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime high‑traffic corner lot location.
- Centrally located near downtown, train station, shops, restaurants, US‑127 and I‑94.
- Approximately 3,000 square feet of space including showroom, reception, office, break room, storage and warehouse.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $11.04 |
| − Vacancy | −$3.3k | −$1.12 |
| EGI | $29.8k | $9.92 |
| − OpEx | −$4.5k | −$1.49 |
| NOI | $25.3k | $8.44 |
Alternative Uses
Property Analytics
Current Use by Public Records
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