Financial
Distress signals
Property profile

711 Greenwood Ave Jackson, MI 49203

FOR SALE
Retail space
Property ID
US43-1183342
2,838 SF 0.19 ac lot
Last sale Mar 2025 · $18,000
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

A commercial building that was previously used as a printing business, offering more than 2,800 square feet of interior space. The property is configured to operate in its current condition and has suitability for a range of business uses based on its existing commercial layout.

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.

Mortgages

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?
$3k
Tax billed · 2022
Assessed value · 2023$47k
Effective rate5.88%

Value estimate

· Sep 2026
$130k
$117k – $143k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$6k
Operating expenses−$8k
NOI · 26.10% cap applied$20k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
Submarket average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$33 – $112
Qualifying comparables3

Cap rate analysis

How does the asset earn?
26.10%
$20k 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?
C-2
Sec. 28-43. - C-2 community commercial district. The community commercial district is composed of certain land and structures used primar...
General categoryCOMMERCIAL
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.0
Acupuncture8.9
Kitchen & Bath8.9

Location

711 Greenwood Ave Jackson, MI 49203
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1226 Mcdevitt, Jackson, MI 49203-6068 $125,000 Mar 2024 2,988 SF
2000 Brooklyn, Jackson, MI 49203-4744 $335,000 Jan 2023 2,824 SF
4300 Francis, Jackson, MI 49203-5721 $185,000 Oct 2022 3,000 SF
1213 Greenwood, Jackson, MI 49203-3036 $35,000 Apr 2022 2,680 SF
801 Mcdevitt, Jackson, MI 49203-5968 $130,000 Jul 2021 2,522 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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