Property profile

844 Barrett Ave Jackson, MI 49202

OFF-MARKET
Investment properties
1,500 SF 2.65 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional 2.65-acre property located at 844 Barrett in Jackson, Michigan, presents a unique investment opportunity. The existing structures on the site, totaling 1,500 square feet, are considered obsolete and demolition is likely the highest and best use. This allows for the development of a new commercial project tailored to the specific needs of the buyer. The expansive lot offers significant potential for a variety of commercial ventures, from retail and office spaces to light industrial uses. The property's prime location in Jackson provides excellent visibility and accessibility, ensuring strong potential for attracting customers and clients. The substantial acreage provides ample space for parking, landscaping, and future expansion. This is a blank canvas for a developer seeking to create a modern and impactful commercial presence in a thriving Michigan market. The asking price is $2,999,999. Given the size of the lot and the potential for redevelopment, this represents a significant opportunity for substantial return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is zoned for commercial use. Further due diligence is recommended to confirm zoning and development regulations.

Property profile

Verified
Property type Investment properties
Year built 1960
Total area 1,500 SF
Lot 2.65 ac (115,434 SF)

Cap rate & NOI

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

Location

844 Barrett Ave Jackson, MI 49202
Jackson metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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