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    42.276260 -84.314172 Blackman, MI 49201

    Sponsored
    For Sale
    $550,000

    1.77 Acres, B-5 Zoning, I-94 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.77-acre commercial land parcel presents a prime retail development opportunity in Jackson, Michigan. Strategically located on Ann Arbor Road, this property boasts convenient freeway access to I-94, placing it within a high-traffic corridor. The B-5 zoning permits a variety of retail uses, including drive-thrus, making it ideal for fast-food restaurants or similar businesses. The site benefits from its proximity to established national tenants such as Dollar General, McDonald's, Dunkin' Donuts, and Wendy's, ensuring high visibility and strong consumer traffic. Situated on the morning side of the road leading to the freeway, this location offers excellent exposure to commuters. The property is located in Leoni Township and has a zip code of 49201. The asking price for this exceptional opportunity is $550,000, translating to approximately $310,734.46 per acre. This represents a significant investment potential in a thriving retail market. The property's location and zoning make it an attractive option for developers seeking a high-impact commercial development site. Don't miss this chance to acquire a highly desirable parcel in a prime location.

    Property Features for 0 42.276260 -84.314172

    General Information

    Property type
    Land
    Lot Size
    77,101 SF

    HighLights

    • $550,000 asking price.
    • 1.77‑acre commercial land parcel.
    • B‑5 zoning, allowing drive‑thru and other retail uses.
    • Prime retail location with I‑94 freeway access.
    • Surrounded by national tenants including Dollar General, McDonald's, Dunkin', and Wendy's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Blackman
    County
    Jackson
    State
    Michigan
    Longitude
    -84.375233
    Latitude
    42.3151209

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    FAQs

    What type of property is this?
    Land - 1.77 Acres, B-5 Zoning, I-94 Access
    Where is this land located?
    The property is located at 42.276260 -84.314172 Blackman, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 1.77-acre commercial land parcel.; B-5 zoning, allowing drive-thru and other retail uses.
    (313) 603-4266
    Request Owner's contact information
    42.276260 -84.314172 Blackman, MI 49201
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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
    42.276260 -84.314172 Blackman, MI 49201
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