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Property profile

Olds St Jonesville, MI 49250

OFF-MARKET
Office Spaces
10,000 SF 2.37 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional commercial property in Jonesville, Michigan presents a unique investment opportunity. Comprising two buildings totaling 10,000 square feet on a generous 2.37-acre parcel, this property offers significant potential. The first building, at 6,000 square feet, is currently partially occupied by a small tenant, Willow Insurance Group, leasing 825 square feet. The second building, a 4,000 square foot structure, has been continuously occupied by the USDA since 1999. The property boasts convenient features including two access drives, providing ample access and maneuverability. With over 93 parking spaces, there is no shortage of parking for tenants and visitors. The prominent location allows for excellent visibility thanks to monument/pylon signage. Situated in the Highway Commercial (HC) district of the Village of Jonesville, this site enjoys a highly visible location southwest of the downtown area, conveniently positioned at the entrance to the Jonesville Industrial Park. This property is ideal for an owner-occupant seeking a value-add opportunity, offering a substantial footprint and strong existing tenancy. The combination of size, location, and existing income stream makes this a compelling investment.

Property profile

Verified
Property type Office Spaces
Year built 1995
Total area 10,000 SF
Lot 2.37 ac (103,237 SF)

Cap rate & NOI

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

Location

Olds St Jonesville, MI 49250
Jonesville metro
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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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