Property profile

437 Fern Ave Jackson, MI 49202

FOR LEASE
Office buildings
Property ID
US43-0753619
13,801 SF 1.36 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This 2,598 square foot office space is immediately available at 437 Fern Avenue, Lower Level. Located in a quiet cul-de-sac off W. Ganson Street, this traditional office suite offers a small office, conference room, kitchenette, ample storage, and separate bathrooms. The 13,801 square foot building, situated on a 1.364-acre lot, was constructed in 1973 and is zoned I-1. The property features a total of 1,512 square feet of vacant space, with this suite representing a significant portion. This location benefits from plentiful parking. The building boasts strong co-tenancy with established businesses, including Seco Engineering Consultants and Premier Medical Academy, providing a professional and collaborative environment. The property's Jackson County location and APN 000083330105 further identify this attractive opportunity for small businesses and independent consultants seeking a well-equipped and conveniently located office space. The space is move-in ready, making it an excellent choice for immediate occupancy.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 13,801 SF
Lot 1.36 ac (59,416 SF)
Zoning code I-1
APN 000-08-33-301-001-05
UPID US43-0753619

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Medical School Technical School
  • Nursing Home
  • Crisis Center Medical Clinic
  • Physician Medical Clinic

Location

437 Fern Ave Jackson, MI 49202
Jackson metro Census 5502 JACKSON, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2020
Last sale
$175,000
2 recorded transactions
2020
$175,000
1969
Price N/A

Zoning & alternative use

I-1 · Jackson, MI
Zoning description

Sec. 28-46. - I-1 light industrial district. The light industrial district is designed to provide suitable space for industrial uses that operate in a safe, nonobjectionable and efficient manner, and so require a minimum…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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