Corporate Office Headquarters with
For Sale
$4,100,000
3000 Blake Road, Jackson, MI 49201
COMMERCIAL - Jackson, MI
Property Size41,776 SF
Lot Size25.50 Acres
Price / SF$98.14
Days on Market81
Property Features for 3000 Blake Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
O-1
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5
Parking
302
Elementary school district
East Jackson
Middle school district
East Jackson
High school district
East Jackson
Standard status
Active
APN
000-08-25-226-001-00
Size
41,776 SF
Lot size
25.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG AT NE COR OF SEC 25 TH S 1 degrees 20'08''W 488.2 FT TO A PT FOR POB TH CONT S 1 degrees 20'08''W 488.71 FT TH N 89 degrees 13' 37''W 131
Tax Annual Amount
93261
Legal Description
BEG AT NE COR OF SEC 25 TH S 1 degrees 20'08''W 488.2 FT TO A PT FOR POB TH CONT S 1 degrees 20'08''W 488.71 FT TH N 89 degrees 13' 37''W 131
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1980
Floors in Building
2
Number of units
1
Building materials
Block, Concrete
Roof type
Rubber
Listing Agency:
ERA Reardon Realty, L.L.C.
(517) 782-2996
Listed By:
PHILLIP M MORGAN · License #6502108104
(517) 204-4385
Added: Jun 3
Changed: Aug 4
Last Checked: Aug 22 at 3:06AM
MLS# 26026605
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.
A 41,776-square-foot corporate headquarters-style facility constructed in 1960 on a 25.5-acre site. The property’s existing layout supports office use and also offers flexibility for alternative configurations, including the potential to transition to a multi-tenant setup. Infrastructure includes 280V 3-phase electrical service, and operational support features include an 8' x 8' dock with a leveler and a backup generator.
Zoned O-1 Office District, the site allows for a broad range of permitted and conditional uses, supporting a variety of owner-user and investor strategies, including office, schools, medical, and laboratory operations as described in the remarks. The location provides convenient highway access to Ann Arbor and Lansing, with visibility along the I-94 corridor.
With both immediate operational utility and room for future expansion, redevelopment, or repositioning tied to the expansive land component, the property is positioned for buyers seeking scale and use flexibility within an office-zoned environment.
Zoned O-1 Office District, the site allows for a broad range of permitted and conditional uses, supporting a variety of owner-user and investor strategies, including office, schools, medical, and laboratory operations as described in the remarks. The location provides convenient highway access to Ann Arbor and Lansing, with visibility along the I-94 corridor.
With both immediate operational utility and room for future expansion, redevelopment, or repositioning tied to the expansive land component, the property is positioned for buyers seeking scale and use flexibility within an office-zoned environment.
Key Highlights
- 25.5‑acre corporate headquarters‑style facility at 3000 Blake Rd, Jackson, MI
- 41,776 SF building with a layout that can be transitioned to a multi‑tenant configuration
- Zoned O‑1 Office District, allowing for a broad 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
Office B
$5.00M
$4.38M – $5.84M
NOI $350,116 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
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
Property Profile
Current Use
Lease Details
1
Dock-high doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
42
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
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 - 1960-built corporate headquarters on 25.5 acres features an 8’ x 8’ dock with leveler and backup generator.
Where is this office building located?
The property is located at 3000 Blake Road 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: 25.5‑acre corporate headquarters‑style facility at 3000 Blake Rd, Jackson, MI; 41,776 SF building with a layout that can be transitioned to a multi‑tenant configuration; Zoned O‑1 Office District, allowing for a broad range of permitted and conditional uses
