844 Barrett Ave, Jackson, MI 49202
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.