Property profile

517 Wildwood Ave Jackson, MI 49201

OFF-MARKET
Medical Office Space
Property ID
US43-0926451
3,956 SF 0.61 ac lot Built 1970
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,956-square-foot medical office building, situated on a 0.61-acre lot in Jackson, Michigan, presents a unique investment opportunity. Built in 1950, the single-story building boasts a desirable ranch style and is zoned for commercial use (201-Commercial). The property features nine exam rooms, two reception areas, three private offices, three labs, two storage rooms, and five bathrooms, including two ADA-compliant restrooms. The interior is attractively finished, and the building offers three convenient entrances. Ample parking is available with over 25 spaces. The property's strategic location across from Jackson High School, near the downtown area, and convenient to major highways ensures high visibility and accessibility. The asking price is $429,900, translating to $108.67 per square foot. The 8-foot ceilings throughout contribute to a spacious feel. The property's APN is 2-006500000. This well-maintained building is ideal for a variety of medical practices or businesses seeking a move-in ready space. Its excellent location and substantial features make it a compelling investment prospect.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1970
Total area 3,956 SF
Lot 0.61 ac (26,484 SF)
Zoning code R-4
APN 2-006500000
UPID US43-0926451

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency

Location

517 Wildwood Ave Jackson, MI 49201-1094
Jackson metro Census 500 JACKSON, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$95k

Owner & transaction history

since 2025
2 recorded transactions
2025
$350,000
1969
Price N/A

Zoning & alternative use

R-4 · Jackson, MI
Zoning description

Sec. 28-39. - R-4 high density apartment and office district. The high density apartment and office district is established for high density residential uses located close to the central business district. The district p…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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