3021 Michigan Ave Blackman, MI 49202
- Grocery and convenience stores
- 55,209 SF
- 5.67 lot acres
Current Use by Public Records
- Western Union / Money Transfer Service / Money Order Service
- ALDI / Supermarket / Grocery Store
Property Details for 3021 Michigan Ave
- Year built
- 1978
- Lot size
- 5.67 lot acres
- Property size
- 55,209 SF
- Zone code
- C-2
- Property type
- Grocery and convenience stores
- APN
- 000-08-36-280-006-01
- APU
- 83628000601
Description
This exceptional retail opportunity presents 12,000 square feet of vacant space within the East Jackson Center, a multi-tenant shopping center located at 3021 E. Michigan Avenue in Jackson, Michigan, 49202. Situated in Jackson County, this property offers a highly visible location with ample parking for customers. The center provides flexible space options, with a minimum divisible unit of 2,000 square feet and a maximum contiguous space of 10,000 square feet, catering to a variety of retail businesses. The property boasts a total of 250 parking spaces, ensuring convenient access for shoppers. The building's total square footage is 12,000 square feet, currently all available for lease. This presents a unique chance to establish a significant retail presence in a well-established shopping center within a thriving community. The property is classified as a retail shopping center and is ideally suited for businesses seeking high visibility and convenient access for their customers. The address is easily accessible from East Michigan Avenue, providing excellent exposure to high traffic volume. This is a turnkey opportunity for immediate occupancy. Contact us today to learn more about leasing this prime retail space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,170,000
- 6.5%
- $5,930,000
- 7%
- $6,055,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,005,000
- Geo Method
- $6,180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,630,000
- Retail
- $5,705,000
- Mixed-Use
- $5,315,000
- Hospitality
- $5,035,000
- Educational
- $5,655,000
- Residential Income
- $5,255,000
- Energy
- $6,070,000
- Income-Based Land
- $5,135,000
- Food Service
- $6,745,000
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Longitude
- -84.366
- Latitude
- 42.2543
- CBSA code
- 27100
- CBSA name
- JACKSON, MI METROPOLITAN STATISTICAL AREA
