Corporate Office and Lab
For Sale
$4,100,000
3000 Blake Road Jackson, Jackson, MI 49201
Corporate headquarters-style facility on a 25.5-acre site with 280V 3-phase power and dock with leveler.
Property Size41,776 SF
Lot Size25.50 Acres
Price / SF$98.14
Days on Market59
Property Features for 3000 Blake Road Jackson
General Information
Standard status
Active
Size
41,776 SF
Total Parking Spaces
302
Lot size
25.50 Acres
Zoning
O-1
Warehouse & Industrial
Dock-High Doors
1
Heavy Power
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$93,260
Amenities
Yes
6
2
No
Real Estate
25.5
302.0
613 x 1276 x 840 x 1310
Paved
Slab
41776.0
1
Building Details
Building Size
41,776 SF
Year Built
1980
Buildings
1
Listed By:
Brian McDonald
(269) 399-5881
Source:
Remax-executive
Added: Jul 14
Changed: Sep 7
Last Checked: Sep 9 at 5:11AM
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 Brian McDonald
Investment Insights
Based on property information with market context.
A corporate headquarters-style office building originally constructed in 1960, totaling 41,776 square feet on a 25.5-acre site. The property includes infrastructure suited for more specialized uses, with 280V 3-phase electrical service, as well as an 8' x 8' dock with leveler and a backup generator for operational continuity.
Zoned O-1 Office District, the site is positioned to support a variety of uses, including office, schools, medical, and laboratory operations, with the flexibility of permitted and conditional uses. The current layout provides the ability to transition to a multi-tenant configuration for phased occupancy.
With convenient highway access to Ann Arbor and Lansing and visibility along the I-94 corridor, the property offers both immediate usability and long-term options related to expansion or redevelopment within the sizeable land component.
Zoned O-1 Office District, the site is positioned to support a variety of uses, including office, schools, medical, and laboratory operations, with the flexibility of permitted and conditional uses. The current layout provides the ability to transition to a multi-tenant configuration for phased occupancy.
With convenient highway access to Ann Arbor and Lansing and visibility along the I-94 corridor, the property offers both immediate usability and long-term options related to expansion or redevelopment within the sizeable land component.
Key Highlights
- Single building corporate headquarters‑style facility totaling 41,776 SF on a 25.5‑acre lot
- 280V 3‑phase electrical service for specialized office, medical, and laboratory users
- Zoned O‑1 Office District, supporting a range of permitted and conditional uses
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
$350,116
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
8.54%
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%
$7,002,320
$7.0M
Cap Rate 7%
$5,001,657
$5.0M
Cap Rate 9%
$3,890,178
$3.9M
Market Conditions
NOI Build-Up for 41,776 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
$601.6K $14.40/SF
− Vacancy
−$134.8K −$3.23/SF
EGI
$466.8K $11.17/SF
− OpEx
−$116.7K −$2.79/SF
NOI
$350.1K $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%
$7,002,320
Cap Rate 7%
$5,001,657
Cap Rate 9%
$3,890,178
Alternative Uses
Best Use
Healthcare Medical
$5.45M
$4.77M – $6.36M
NOI $381,624 @ 7.0% cap · market cap 9.31%
Second Best
Office B
$5.00M
$4.38M – $5.84M
NOI $350,116 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$6.67M
$5.84M – $7.78M
NOI $466,822 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Dock-high doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Explore this area
Business Placement
Demographics for 49201, MI
47,747
Population
18,102
Households
2.6
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
155.0 sq mi
ZIP Area
308
Density / Sq Mi
$71,714
Median Household Income
$36,390
Median Earnings
$945
Median Rent
$202,900
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Corporate headquarters-style facility on a 25.5-acre site with 280V 3-phase power and dock with leveler.
Where is this office building located?
The property is located at 3000 Blake Road Jackson Jackson, MI.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Single building corporate headquarters‑style facility totaling 41,776 SF on a 25.5‑acre lot; 280V 3‑phase electrical service for specialized office, medical, and laboratory users; Zoned O‑1 Office District, supporting a range of permitted and conditional uses
