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Property profile & analytics
OFF-MARKET
Specialty properties

240 Trl St Jackson, MI 49201-1234

336 SF 0.35 ac lot Built 1910
Entity Owned Free & Clear
Property ID
US43-1343340
Property summary
AI-generated overview

This vacant, mixed-use property presents a unique redevelopment opportunity in the heart of Jackson, Michigan. Located at 240 W Trail St, this 0.34-acre lot features a 336-square-foot building constructed in 1910. Currently zoned C-2 commercial, the property enjoys a prime location just minutes from downtown Jackson, the Jackson Fairgrounds, and major highways I-94 and I-27, ensuring high visibility and accessibility. The property is ideal for a variety of uses, including a restaurant, bar, convenience store, or even a multi-family residential conversion, subject to city planning and zoning approvals. The asking price is $28,000, translating to $83.33 per square foot. The property is currently vacant, offering a blank canvas for your vision. Buyers are encouraged to explore potential uses with the City Planning Commission and Zoning Department to determine feasibility. This is a rare chance to acquire a strategically located property with significant redevelopment potential in a thriving area. The fenced back lot adds to the property's versatility. Don't miss this chance to bring your business or residential project to life in a high-traffic location.

Property profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1910
Total area 336 SF
Lot 0.35 ac (15,159 SF)
Zoning code C-2
APN 1-0236.1000
UPID US43-1343340
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mj & D Holdings LLC
Mj & D Holdings LLC
since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2014
Price N/A
Zoning & alternative use
C-2 · Jackson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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