Commercial Land with
For Sale
$1,675,000
201 Brookley Ave, Jackson, MI 49202
C1-zoned commercial land with utility-served buildings and convenient access to Interstate 94.
Property Size11,616 SF
Price / SF$144.20
Days on Market38
Property Features for 201 Brookley Ave
General Information
Standard status
Active
Size
11,616 SF
Building Details
Year Built
1984
Listing Agency:
ERA Reardon Realty, L.L.C.
Listed By:
PHILLIP M MORGAN, Mike Kanser
Source:
Katie-k
Added: Aug 30
Changed: Oct 6
Last Checked: Oct 6 at 12:53AM
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.
This 5.341-acre commercial land parcel in Blackman Township includes two utility-served buildings and room for additional site use. The existing front structure, formerly used for printing, contains 3-phase power, 12-foot ceilings, a grade-level loading dock, and a drive-in door. A newer heated pole barn adds covered utility, while the overall site can accommodate a storage yard or future expansion. The front building is also available for lease.
The property is positioned along reconstructed Interstate 94 between Chicago and Detroit, with sight lines toward I-94 and Cooper Street. Interstate 94 recorded 50,600 vehicles in 2023, while traffic south of Exit 139 averaged 19,000 vehicles per day. Exit 139 serves M-106 and Cooper Street, with regional connections to downtown and major employers. The site is near JTP North tech park and Blue Oval in Marshall.
The property is positioned along reconstructed Interstate 94 between Chicago and Detroit, with sight lines toward I-94 and Cooper Street. Interstate 94 recorded 50,600 vehicles in 2023, while traffic south of Exit 139 averaged 19,000 vehicles per day. Exit 139 serves M-106 and Cooper Street, with regional connections to downtown and major employers. The site is near JTP North tech park and Blue Oval in Marshall.
Key Highlights
- 5.341‑acre commercial land parcel in Blackman Township
- C1 zoning with two utility‑served buildings on site
- 5,?
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,106
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,182,120
$2.2M
Cap Rate 7%
$1,558,657
$1.6M
Cap Rate 9%
$1,212,289
$1.2M
Market Conditions
NOI Build-Up for 11,616 SF
Gross rent
$188.2K $16.20/SF
− Vacancy
−$20.3K −$1.75/SF
EGI
$167.9K $14.45/SF
− OpEx
−$58.7K −$5.06/SF
NOI
$109.1K $9.39/SF
Area
Jackson County, MI
Vacancy
10.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,182,120
Cap Rate 7%
$1,558,657
Cap Rate 9%
$1,212,289
Alternative Uses
Best Use
Flex RnD
$1.56M
$1.36M – $1.82M
NOI $109,106 @ 7.0% cap · market cap 6.51%
Second Best
Warehouse
$1.40M
$1.22M – $1.63M
NOI $97,995 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,802 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Commercial land - C1-zoned commercial land with utility-served buildings and convenient access to Interstate 94.
Where is this commercial land located?
The property is located at 201 Brookley Ave Jackson, MI.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 5.341‑acre commercial land parcel in Blackman Township; C1 zoning with two utility‑served buildings on site; 5,?
