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    Industrial Land with Grand River Frontage Title is generated by Realmo AI

    2800 E South Street, Jackson, MI 49201

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    Heavy industrial property with Grand River frontage, approximately 25 acres.

    Type:Industrial
    Property size:
    3,850 SF
    Lot size:
    25.00 Acres
    Price / SF:
    $102/SF
    Added:
    Oct 15, 2022
    Days on Market:
    1352
    Last Refresh:
    Mar 19 at 8:51 pm

    Property Features for 2800 E South Street

    General Information

    Standard status
    Active
    Size
    3,850 SF
    Lot size
    25.00 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    2008

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    Amy Aldrich
    Amy Aldrich

    Listing office Key Realty One

    Listing date Oct 15, 2022

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Key Realty One

    HighLights

    • Almost 25 Acres of Heavy Industrial Property
    • Grand River Frontage
    • Unlimited Growing Licences
    • Suitable for Concrete Business
    • Suitable for Scrap Yard
    • Year Built: 2008

    Overview

    This heavy industrial property encompasses almost 25 acres and features frontage on the Grand River. The area is suitable for various industrial uses, including a concrete business or scrap yard. It also has unlimited growing licenses.

    Local Financial Insights For Industrial

    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 $42.5k $11.04
    − Vacancy −$4.3k −$1.12
    EGI $38.2k $9.92
    − OpEx −$11.5k −$2.98
    NOI $26.7k $6.95
    3,850 SF · lease $11.04/SF/yr · vacancy 10.10% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $382.1K
    $334.4K – $445.8K (±1% cap)
    NOI $26,748 @ 7.0% cap · market cap 6.77%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $614.6K
    $537.8K – $717.0K (±1% cap)
    NOI $43,021 @ 7.0% cap · market cap 10.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.35305
    Latitude
    42.21904

    FAQs

    What type of property is this?
    Industrial land - Heavy industrial property with Grand River frontage, approximately 25 acres.
    Where is this industrial land located?
    The property is located at 2800 E South Street Jackson, MI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Almost 25 Acres of Heavy Industrial Property; Grand River Frontage; Unlimited Growing Licences
    (517) 474-6991 Call to check price and availability
    More about this property
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