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    111 Prospect St Jackson, MI 49203

    Sponsored
    For Lease
    $10 SF/Yr

    4,300 SF Executive Office Suite Available

    Lot size:
    26,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,300 square foot executive office suite is located at 111 W Prospect St in Jackson, Michigan, within a Class C, 26,000 square foot neighborhood retail center. The property boasts ample parking, a significant advantage for employees and clients. The suite itself is part of a multi-tenant building, offering a vibrant and collaborative environment. Situated in Jackson County, MI, zip code 49203, this location provides easy access to local amenities and transportation routes. The space is currently vacant and ready for immediate occupancy. Ideal for businesses seeking a prominent presence in a well-established commercial area, this suite presents a unique opportunity to establish or expand operations. The property type is classified as Office, with a subtype of Executive Office, Commercial, and Neighborhood Center. The building features a single suite, currently offering 4,300 square feet of available space within a total building area of 26,000 square feet. This presents a compelling opportunity for businesses seeking a flexible and well-located office space in Jackson, Michigan. The property's convenient location and ample parking make it an attractive option for businesses of all sizes.

    Property Features for 111 Prospect St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF
    Class
    C
    Total Rate
    21666.67

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,300 SF
    Rate per SF
    $10

    HighLights

    • 4,300 SF executive office suite available for immediate occupancy in a 26,000 SF Class C retail center.
    • Located at 111 W Prospect St, Jackson, MI 49203, in a high‑traffic neighborhood center.
    • Excellent visibility and ample parking.
    • Situated near Family Dollar and CSL Plasma.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.4042664
    Latitude
    42.2268705

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    FAQs

    What type of property is this?
    Neighborhood center - 4,300 SF Executive Office Suite Available
    Where is this neighborhood center located?
    The property is located at 111 Prospect St Jackson, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 4,300 SF executive office suite available for immediate occupancy in a 26,000 SF Class C retail center.; Located at 111 W Prospect St, Jackson, MI 49203, in a high-traffic neighborhood center.; Excellent visibility and ample parking.
    Request Owner's contact information
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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
    111 Prospect St Jackson, MI 49203
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