Property profile

401 Mechanic St Jackson, MI 49201

OFF-MARKET
Retail space
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Property ID
US43-1004394
10,542 SF 0.61 ac
Last sale Oct 2023·$360,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value · 2023$185k
Effective rate4.38%

Value estimate

· Nov 2026
$385k
$347k – $424k
Submarket $/SF estimate$648k

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

Recently sold

What actually traded nearby?
$72/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$33 – $101
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
Sec. 28-46. - I-1 light industrial district. The light industrial district is designed to provide suitable space for industrial uses that...
General categoryINDUSTRIAL
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
Restaurant27.9
Wholesale Shop25.3
Building Supply24.6

Location

401 Mechanic St Jackson, MI 49201-1306
County assessor Recorded deeds · 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
639 Michigan, Jackson, MI 49201-1623 $120,000 Jan 2025 6,660 SF
131 Pearl, Jackson, MI 49201-1310 $618,000 Jun 2023 5,940 SF
701 Michigan, Jackson, MI 49201-1625 $200,000 Jan 2023 11,616 SF
139 Michigan, Jackson, MI 49201-1401 $735,000 Oct 2022 15,600 SF
600 Pearl, Jackson, MI 49201-1639 $255,000 Oct 2022 9,480 SF
135 Michigan, Jackson, MI 49201-1401 $345,000 Oct 2022 7,920 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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Includes: Price & PSF · Cap rate · Location · Zoning

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