Handicap-Accessible Office/Retail
For Sale
$279,900
2600 Kibby Road, Jackson, MI 49203
COMMERCIAL - Jackson, MI
Property Size2,110 SF
Lot Size0.32 Acres
Price / SF$132.65
Days on Market276
Property Features for 2600 Kibby Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C-1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Basement
Elementary school district
Jackson
Middle school district
Jackson
High school district
Jackson
Directions
Just South of Cascades Manor House between Larry's Drive & Cobb.
Subdivision
Jackson County - JX
Standard status
Active
APN
000-13-09-376-033-03
Size
2,110 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM AT THE SW COR OF LOT 1 CASCADE VISTA TH N00 degrees 39'46''W ALG THE E LN OF DAWN ST 308.65 FT TO A POINT 31 FT S OF THE NW
Tax Annual Amount
4889
Legal Description
COM AT THE SW COR OF LOT 1 CASCADE VISTA TH N00 degrees 39'46''W ALG THE E LN OF DAWN ST 308.65 FT TO A POINT 31 FT S OF THE NW
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water front features
Pond
Amenities
deck
handicap accessible
ramp entry
kitchenette
break room
Building Details
Year built
1890
Floors in Building
2
Number of units
1
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
RE/MAX Mid-Michigan R.E.
(517) 788-2633
Listed By:
Stephanie Bosanac-Mortimer · License #6501336455
(517) 812-3173
Added: Nov 19, 2025
Changed: Aug 4
Last Checked: Aug 22 at 11:06AM
MLS# 25059084
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.
This two-story office and retail building offers handicap accessibility with ramp entry. The property has recently updated interiors and is presented as move-in ready, including new first-floor flooring. The first floor is designed for flexible use, with a layout that can support open work areas or private offices, along with a kitchenette and break room. Plumbing is described as easily accessible to reintroduce a half bath. The second floor includes four private offices and an additional half bath.
The building is located in Summit Township and is described as having maximum exposure along a highly traveled Jackson County road. An expanded concrete parking lot is noted, and the property includes a brand-new deck overlooking a pond.
With a zoning designation of C-1, the building is positioned for professional office, retail, and other business uses. Nearby within about one mile are a range of local businesses and services, including Kibby Cobb Market, Dollar General, Southern Michigan Bank & Trust, Snap Fitness, Daily Grind and Food Hub, and Biggby Coffee, among others.
The building is located in Summit Township and is described as having maximum exposure along a highly traveled Jackson County road. An expanded concrete parking lot is noted, and the property includes a brand-new deck overlooking a pond.
With a zoning designation of C-1, the building is positioned for professional office, retail, and other business uses. Nearby within about one mile are a range of local businesses and services, including Kibby Cobb Market, Dollar General, Southern Michigan Bank & Trust, Snap Fitness, Daily Grind and Food Hub, and Biggby Coffee, among others.
Key Highlights
- Prime commercial location in Summit Township with C‑1 zoning and high traffic exposure.
- Move‑in ready, recently updated building suitable for various business uses (offices, retail, etc.).
- Handicap accessible with ramp entry and expanded concrete parking lot.
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
$17,683
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
6.32%
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%
$353,660
$353.7K
Cap Rate 7%
$252,614
$252.6K
Cap Rate 9%
$196,478
$196.5K
Market Conditions
NOI Build-Up for 2,110 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
$30.4K $14.40/SF
− Vacancy
−$6.8K −$3.23/SF
EGI
$23.6K $11.17/SF
− OpEx
−$5.9K −$2.79/SF
NOI
$17.7K $8.38/SF
Area
Jackson County, MI
Vacancy
22.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
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%
$353,660
Cap Rate 7%
$252,614
Cap Rate 9%
$196,478
Alternative Uses
Best Use
Office B
$252.6K
$221.0K – $294.7K
NOI $17,683 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.8K
$294.7K – $393.0K
NOI $23,578 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 49203, MI
37,269
Population
16,999
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
93%
High-School Grad
26.5 sq mi
ZIP Area
1,406
Density / Sq Mi
$55,689
Median Household Income
$37,096
Median Earnings
$992
Median Rent
$150,900
Median Home Value
Market
Vacancy Rate% for Office 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?
Office building - Zoned C-1 two-story building with ramp entry, updated interiors, and flexible office or retail layout.
Where is this office building located?
The property is located at 2600 Kibby Road Jackson, MI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Prime commercial location in Summit Township with C‑1 zoning and high traffic exposure.; Move‑in ready, recently updated building suitable for various business uses (offices, retail, etc.).; Handicap accessible with ramp entry and expanded concrete parking lot.
