1610 E High St, Jackson, MI 49203
Single tenant warehouse with office space and easy highway access.
- Added:
- Mar 26, 2024
- Days on Market:
- 834
- Last Refresh:
- Jul 4 at 11:29 am
Property Features for 1610 E High St
General Information
- Standard status
- Active
- Size
- 22,000 SF
- Lot size
- 3.75 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1999
Listing office NAI Mid-Michigan (517) 599-6846
Listing date Mar 26, 2024
Source Crexi
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 NAI Mid-Michigan
HighLights
- Easy access to I‑94 and 127 Highway
- Owner financing possible
- 14,500 SF Warehouse with 24' Ceilings
- Single tenant investment property
- 2 Truck Docks and 1 Grade Level Overhead Door
- 600 Amp 3 Phase Service and Fully Sprinklered
Overview
Local Financial Insights For Flex RnD
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 | $356.4k | $16.20 |
| − Vacancy | −$38.5k | −$1.75 |
| EGI | $317.9k | $14.45 |
| − OpEx | −$111.3k | −$5.06 |
| NOI | $206.6k | $9.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Longitude
- -84.434016
- Latitude
- 42.233177
