Two-Story Office
New
For Sale
$279,900
2600 Kibby Road, Jackson, MI 49203
Commercial Sale, Jackson, MI
Property Size2,110 SF
Lot Size0.32 Acres
Price / SF$132.65
Days on Market1
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.
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
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
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water front features
Pond
Amenities
deck
pond
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: Sep 1
Last Checked: Sep 1 at 12:06PM
MLS# 26046298
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 2,110-square-foot office property offers a two-level layout with updated interior finishes and adaptable workspace. The first floor includes open-plan space that can be reconfigured for private offices or conference rooms, along with a kitchenette, break area, and plumbing access for reinstalling a half bath. The second floor provides four private offices and an additional half bath. Forced-air heating and central air support year-round operation, while vinyl siding and a composition roof complete the exterior.
The property sits on 0.32 acres at 2600 Kibby Road in Jackson, Michigan, and is zoned C-1. Accessibility features include a ramp entry, expanded concrete parking, and a deck overlooking a pond. Nearby businesses and destinations listed within less than 1 mile include Cascades Manor House, Cascades Falls, Cascades Golf Course, Kibby Cobb Market, and Falling Waters Trail.
The property sits on 0.32 acres at 2600 Kibby Road in Jackson, Michigan, and is zoned C-1. Accessibility features include a ramp entry, expanded concrete parking, and a deck overlooking a pond. Nearby businesses and destinations listed within less than 1 mile include Cascades Manor House, Cascades Falls, Cascades Golf Course, Kibby Cobb Market, and Falling Waters Trail.
Key Highlights
- 2,110‑square‑foot office property on 0.32 acres
- C‑1 zoning in Jackson, Michigan
- Two‑level layout with four private offices on the second floor
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
Retail
$207.9K
$181.9K – $242.5K
NOI $14,551 @ 7.0% cap · market cap 5.20%
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
Single-tenant
Tenancy
Turnkey business
Opportunity
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 units - C-1-zoned workspace combines flexible first-floor planning with four private offices and accessible entry features.
Where is this office units 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: 2,110‑square‑foot office property on 0.32 acres; C‑1 zoning in Jackson, Michigan; Two‑level layout with four private offices on the second floor
