Commercial Land with Leased
New
For Sale
$929,000
1401 N West Avenue, Jackson, MI 49202
Commercial Sale, Jackson, MI
Property Size4,458 SF
Lot Size0.61 Acres
Price / SF$208.39
Days on Market3
Property Features for 1401 N West Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
20
Elementary school district
Jackson
Middle school district
Jackson
High school district
Jackson
Directions
N. West Ave. - North corner of Monroe St. - entrance on Clinton Rd.
Standard status
Active
APN
2-2432.1000
Size
4,458 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SEC 27 T2S R1W
Tax Annual Amount
15086
Legal Description
SEC 27 T2S R1W
Utilities
Utilities
Natural Gas Available
Heating system
Hot Water(Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
1976
Floors in Building
1
Number of units
2
Building materials
Stucco, Brick
Roof type
Rubber, Composition
Listing Agency:
Howard Hanna Real Estate Services
(517) 787-9800
Listed By:
HEATHER HERNDON · License #6501335416
(517) 812-1641
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 8:06PM
MLS# 26054437
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.61-acre commercial parcel includes two separately leased buildings: a 2,658-square-foot brick structure and a second building measuring 1,800 square feet. The buildings were constructed in 1976. The site also has natural gas available, central air, and hot water and forced-air heating systems.
Approximately 147 feet of frontage is on N West Ave, with additional frontage on W Monroe St and Clinton Rd. The property lies along a commercial corridor carrying more than 50,000 vehicles per day and is near the I-94/US-127 interchange. Nearby national retailers include Chick-fil-A, TJ Maxx, and Kohl's.
Approximately 147 feet of frontage is on N West Ave, with additional frontage on W Monroe St and Clinton Rd. The property lies along a commercial corridor carrying more than 50,000 vehicles per day and is near the I-94/US-127 interchange. Nearby national retailers include Chick-fil-A, TJ Maxx, and Kohl's.
Key Highlights
- 0.61‑acre commercial parcel with two separately leased buildings
- Buildings measure 2,658 square feet and 1,800 square feet
- Approximately 147' of frontage on N West Ave, plus frontage on W Monroe St and Clinton Rd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,744
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,880
$614.9K
Cap Rate 7%
$439,200
$439.2K
Cap Rate 9%
$341,600
$341.6K
Market Conditions
NOI Build-Up for 4,458 SF
Gross rent
$53.5K $12.00/SF
− Vacancy
−$9.6K −$2.15/SF
EGI
$43.9K $9.85/SF
− OpEx
−$13.2K −$2.96/SF
NOI
$30.7K $6.90/SF
Area
Jackson County, MI
Vacancy
17.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,880
Cap Rate 7%
$439,200
Cap Rate 9%
$341,600
Alternative Uses
Best Use
Retail
$439.2K
$384.3K – $512.4K
NOI $30,744 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$711.6K
$622.7K – $830.3K
NOI $49,815 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
724k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Apparel 19%
Shops & Services 16%
Superstores 13%
Target
Superstores
97,723 visits/mo
0.2 miles
Kohl's
Apparel
53,166 visits/mo
0.4 miles
Five Below
Shops & Services
35,556 visits/mo
0.3 miles
Texas Roadhouse
Dining
34,423 visits/mo
0.3 miles
Dunham's Sports
Apparel
32,393 visits/mo
0.3 miles
Demographics for 49202, MI
19,359
Population
9,598
Households
2
Avg Household Size
37
Median Age
15%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$41,916
Median Household Income
$30,638
Median Earnings
$915
Median Rent
$104,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Commercial land - Two leased structures on the parcel provide existing rental income.
Where is this commercial land located?
The property is located at 1401 N West Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: 0.61‑acre commercial parcel with two separately leased buildings; Buildings measure 2,658 square feet and 1,800 square feet; Approximately 147' of frontage on N West Ave, plus frontage on W Monroe St and Clinton Rd
