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    OFF-MARKET
    Lifestyle centers

    108 Cooper St, Jackson, MI 49201

    3,672 SF 1.32 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    Exceptional 1.32-acre development opportunity in Jackson, MI's thriving business district, situated at the convergence of I-94 business loop, M-106, M-50, and US 127 business loops. This strategically located property offers significant mixed-use potential, encompassing apartments, banks, retail, commercial, office, medical facilities, convenience stores, or environmentally conscious businesses. Previously approved for a marijuana dispensary, the site benefits from its proximity to key landmarks, including the USA's second-oldest Amtrak train station, Consumers Energy headquarters, Henry Ford hospital, and the soon-to-open Commonwealth Associate Engineering. The vibrant surrounding area boasts established breweries like Brightwalls, Grand River, and OGMA, alongside numerous thriving businesses. The existing 3,672 square foot building, constructed in 1950, features a single story, frame/wood construction with vinyl and wood siding. Utilities include natural gas, public sewer, and public water. The asphalt and gravel driveway serves a currently 25% occupied convenience store, gas station, and shopping center. The property is zoned for commercial use and presents a compelling investment prospect for developers seeking a high-visibility location within a growing community. The asking price is $1,000,000. APN: 7-048000000.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1950
    Total area 3,672 SF
    Lot 1.32 ac (57,499 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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