Retail Building with Overhead
3611 Page Ave, Jackson, MI 49203
For Sale
New
$850,000
The property combines finished retail and office areas with overhead heat and electrical service.
Property Size7,200 SF
Lot Size6.29 Acres
Price / SF$118.06
Days on Market5
Property Features for 3611 Page Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Traffic Count
Utilities to Site
Mixed-Use Components
Warehouse & Industrial
Clear Height
Power
Amenities
cement floors
overhead heat
overhead doors
bathrooms
finished office space
pristine retail section
additional power available at the street
retention pond
Building Details
Building Size
Year Built
Stories
Listing Agency:
Production Realty
Listed By:
Ben Latocki
(517) 812-0009
Source:
Cpix.resimplifi
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 10 at 5:16AM
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 Production Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on 6.29 acres, this 7,200-square-foot retail property was built in 2019 and is zoned B-4. The building has 16-foot ceilings, four overhead doors, cement floors, overhead heat, two bathrooms, a finished office, and a dedicated retail area. Electrical service is 200 amps, with additional power available at the street. A retention pond serves the property, and the land may be split.
Local traffic counts are approximately 10,000 vehicles per day. The offering is for real estate only.
Local traffic counts are approximately 10,000 vehicles per day. The offering is for real estate only.
Key Highlights
- 6.29 acres with a 7,200‑square‑foot building
- Four overhead doors and 16‑foot ceilings
- Built in 2019; zoned B‑4
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,654
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,080
$993.1K
Cap Rate 7%
$709,343
$709.3K
Cap Rate 9%
$551,711
$551.7K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$86.4K $12.00/SF
− Vacancy
−$15.5K −$2.15/SF
EGI
$70.9K $9.85/SF
− OpEx
−$21.3K −$2.96/SF
NOI
$49.7K $6.90/SF
Area
Jackson County, MI
Vacancy
17.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,080
Cap Rate 7%
$709,343
Cap Rate 9%
$551,711
Alternative Uses
Best Use
Retail
$709.3K
$620.7K – $827.6K
NOI $49,654 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,456 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
10,000 VPD
Traffic count
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
85k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 59%
Dining 41%
Menards
Home Improvements & Furnishings
50,556 visits/mo
0.4 miles
McDonald's
Dining
20,980 visits/mo
0.3 miles
Burger King
Dining
9,131 visits/mo
0.3 miles
SUBWAY
Dining
3,847 visits/mo
0.2 miles
Marco's Pizza
Dining
835 visits/mo
0.2 miles
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
$150,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Jackson, MI
Properties on Market for Retail space in Jackson
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The property combines finished retail and office areas with overhead heat and electrical service.
Where is this retail space located?
The property is located at 3611 Page Ave Jackson, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 6.29 acres with a 7,200‑square‑foot building; Four overhead doors and 16‑foot ceilings; Built in 2019; zoned B‑4
