240 Watts Road Jackson, MI 49203
Industrial flex building in a green zone with chain-link fenced yard and electric gate, plus hot water heating and a full bath.
- Added:
- Mar 31, 2026
- Days on Market:
- 104
- Last Refresh:
- Jul 11 at 2:18 am
Property Features for 240 Watts Road
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing office Home 1st Real Estate (517) 740-8910
Listing date Mar 31, 2026
Source Carolbollo
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Investment Insights
Based on property information with market context.
Additional in-building utilities noted include new high-speed cable. The property remarks also indicate it could be a good fit for AI or computer work based on its existing setup.
Overall, the combination of light industrial space, dedicated heating and plumbing features, and secured fenced access supports flexible small-scale operations.
Key Highlights
- Industrial flex building totaling 3,800 sq ft, built in 1980
- Green zone industrial use
- Chain‑link fenced property with an electric gate
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 | $61.6k | $16.20 |
| − Vacancy | −$6.6k | −$1.75 |
| EGI | $54.9k | $14.45 |
| − OpEx | −$19.2k | −$5.06 |
| NOI | $35.7k | $9.39 |
