Industrial Site with Heated Pole
For Sale
$1,750,000
201 Brookley Avenue, Jackson, MI 49202
COMMERCIAL - Jackson, MI
Property Size11,616 SF
Lot Size5.34 Acres
Price / SF$150.65
Days on Market290
Property Features for 201 Brookley Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
16
Elementary school district
Jackson
Middle school district
Jackson
High school district
Jackson
Directions
East off of Cooper, just south of I-94
Subdivision
Jackson County - JX
Standard status
Active
APN
000-08-26-153-005-06
Size
11,616 SF
Lot size
5.34 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
COM AT W 1/4 COR OF SEC 26 TH ALG W LN N 00DEG 00'30''E 296.98 FT TH N 89DEG 44'23''E 63.06 FT TO A POINT ON THE EXISTIN
Tax Annual Amount
9768
Legal Description
COM AT W 1/4 COR OF SEC 26 TH ALG W LN N 00DEG 00'30''E 296.98 FT TH N 89DEG 44'23''E 63.06 FT TO A POINT ON THE EXISTIN
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Heating system
Forced Air, Radiant
Cooling system
Central Air
Building Details
Year built
1984
Floors in Building
1
Number of units
1
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
ERA Reardon Realty, L.L.C.
(517) 782-2996
Listed By:
PHILLIP M MORGAN · License #6502108104
(517) 204-4385
Added: Nov 3, 2025
Changed: Aug 4
Last Checked: Aug 20 at 7:06AM
MLS# 25056383
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.
Industrial for sale on a 5.34-acre parcel with clean site lines to Interstate 94 and Cooper. The property includes two well-conditioned buildings with utilities, anchored by a modern former printing facility featuring 3-phase power, 12-foot ceilings, a grade-level loading dock, and a drive-in door. A new heated pole barn adds additional utility and flexibility for storage or operations.
The site provides easy access to I-94 between Chicago and Detroit and is described as suitable for highway service providers. Blackman Township zoning is C1. Public remarks note I-94 traffic of 50,600 vehicles in 2023 (AADT), with Exit 139 serving M106 and Cooper Street. Nearby references include JTP North tech park and Blue Oval in Marshall.
A large site allows for storage yard use or potential expansion. The front building is available for lease, as noted in the remarks.
The site provides easy access to I-94 between Chicago and Detroit and is described as suitable for highway service providers. Blackman Township zoning is C1. Public remarks note I-94 traffic of 50,600 vehicles in 2023 (AADT), with Exit 139 serving M106 and Cooper Street. Nearby references include JTP North tech park and Blue Oval in Marshall.
A large site allows for storage yard use or potential expansion. The front building is available for lease, as noted in the remarks.
Key Highlights
- 5.341‑acre property with easy access to reconstructed Interstate 94 between Chicago and Detroit
- Zoned C1 in Blackman Township; site has clean lines from the property to I‑94 and Cooper
- Two well‑conditioned buildings on‑site, including a modern former printing facility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,702
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,614,040
$1.6M
Cap Rate 7%
$1,152,886
$1.2M
Cap Rate 9%
$896,689
$896.7K
Market Conditions
NOI Build-Up for 11,616 SF
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.
Gross rent
$128.2K $11.04/SF
− Vacancy
−$13.0K −$1.12/SF
EGI
$115.3K $9.92/SF
− OpEx
−$34.6K −$2.98/SF
NOI
$80.7K $6.95/SF
Area
Jackson County, MI
Vacancy
10.10%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,614,040
Cap Rate 7%
$1,152,886
Cap Rate 9%
$896,689
Alternative Uses
Best Use
Industrial
$1.15M
$1.01M – $1.35M
NOI $80,702 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,802 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Utilities to site
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Two well-conditioned buildings on a 5.34-acre site with grade-level dock and drive-in door, with C1 zoning.
Where is this manufacturing property located?
The property is located at 201 Brookley Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 5.341‑acre property with easy access to reconstructed Interstate 94 between Chicago and Detroit; Zoned C1 in Blackman Township; site has clean lines from the property to I‑94 and Cooper; Two well‑conditioned buildings on‑site, including a modern former printing facility
