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    2020 Bondsteel Dr Jackson, MI 49202

    For Sale
    $750,000

    11,118 SF Former Fitness Center, $750,000

    Property size:
    11,118 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11,118-square-foot commercial property, formerly a Planet Fitness, presents a unique investment opportunity in Jackson, Michigan. Zoned C1, this versatile space is ideal for a variety of uses, including medical offices, retail, or office space. Situated on a sizable 1.5-acre lot, the property offers significant redevelopment potential. Its prime location along M-50 Highway, just north of I-94, ensures high visibility and accessibility. With over 31,000 vehicles passing daily on M-50, this location boasts exceptional exposure. The property benefits from its proximity to major commercial establishments, including Baymont by Wyndham, Courtyard and Townplace Suites by Marriott hotels, as well as national retailers such as Hobby Lobby, Target, Home Depot, Lowe's, Kroger, and the Jackson Crossing Mall. This strategic location within Jackson's main commercial hub makes it an attractive proposition for businesses seeking high traffic and strong brand visibility. The asking price for this substantial property is $750,000. Don't miss this chance to acquire a well-positioned commercial asset with significant upside.

    Property Features for 2020 Bondsteel Dr

    General Information

    Property type
    Medical offices
    Square Feet
    11,118 SF
    Lot Size
    65,340 SF

    HighLights

    • Excellent opportunity to acquire a former Planet Fitness, an 11,118 SF building in Jackson, MI, suitable for retail, office, or medical use.
    • 1.5‑acre lot offers redevelopment potential.
    • Prime location near Baymont by Wyndham, Courtyard, and Townplace Suites by Marriott hotels.
    • High visibility from M‑50 Hwy, with over 31,000 vehicles daily.
    • Located in Jackson's main commercial hub near I‑94, with nearby national retailers including Hobby Lobby, Target, Home Depot, Lowe's, Kroger, and Jackson Crossing Mall.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.4307939
    Latitude
    42.2750825

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    FAQs

    What type of property is this?
    Medical office - 11,118 SF Former Fitness Center, $750,000
    Where is this medical office located?
    The property is located at 2020 Bondsteel Dr Jackson, MI.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Excellent opportunity to acquire a former Planet Fitness, an 11,118 SF building in Jackson, MI, suitable for retail, office, or medical use.; 1.5-acre lot offers redevelopment potential.; Prime location near Baymont by Wyndham, Courtyard, and Townplace Suites by Marriott hotels.
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    Jackson, MI 49202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2020 Bondsteel Dr Jackson, MI 49202
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