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Financial
Distress signals
Property profile

113 S East Ave Jackson, MI 49201

FOR LEASE
Medical Office Space
Property ID
US43-0938376
2,135 SF 0.3 ac lot
Last sale Oct 2024 · $265,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

113 S. East Avenue is a remodeled professional office building with updated building structure and building systems, including modernization work completed in 2007 and 2022. The interior has a flexible office layout with private offices, two larger rooms that can serve meeting or storage needs, additional work spaces, modern bathrooms (including one with a shower), and a breakroom with appliances. The property includes a large onsite parking area and is positioned for professional use, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$120k
Effective rate5.78%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$7k
Operating expenses−$6k
NOI · 99,405.56% cap applied$18k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$61 – $109

Cap rate analysis

How does the asset earn?
99,405.56%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-4
Sec. 28-39. - R-4 high density apartment and office district. The high density apartment and office district is established for high dens...
General categoryRESIDENTIAL
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant22.1
Building Supply22.1
Wholesale Shop19.3

Location

113 S East Ave Jackson, MI 49201
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
306 Washington Ave, Jackson, MI 49201-2141 $126,000 Apr 2024 1,838 SF
1010 Burr, Jackson, MI 49201-1706 $128,500 Jul 2023 2,244 SF
1500 Parnall, Jackson, MI 49201-8660 $326,970 Jul 2022 2,528 SF
300 Blackstone, Jackson, MI 49201-2204 $295,000 Mar 2022 2,470 SF
434 Wildwood, Jackson, MI 49201-1148 $96,060 Mar 2021 2,736 SF
823 Michigan, Jackson, MI 49201-2401 $250,000 Feb 2021 1,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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