Financial
Distress signals
Property profile

232 Prospect St Jackson, MI 49203

OFF-MARKET
Office buildings
Property ID
US43-1646339
560 SF 0.14 ac lot
Last sale Sep 2025 · $85,000
Individually Owned Owner of record is an individual. 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

This commercial property consists of two fully separated levels designed to function independently. The main level is approximately 513 square feet and includes a reception area, two private offices, a restroom, and an open workspace; the layout supports office use as well as potential uses such as boutique retail, a salon, or consulting services. The lower level is approximately 369 square feet and includes two flexible rooms, a full bathroom, and utility/storage space, with private side and…

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?
$1k
Tax billed · 2022
Assessed value · 2023$30k
Effective rate4.43%

Value estimate

· Sep 2026
$70k
$63k – $77k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$70/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$36 – $107

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.2
Realty agency24.6
Restaurant22.2

Location

232 Prospect St Jackson, MI 49203-4168
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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1700 Woodbridge, Jackson, MI 49203-4120 $135,000 Dec 2024 1,458 SF
2504 Spg Arbor, Jackson, MI 49203-3602 $230,000 Jan 2024 1,332 SF
2650 Spg Arbor, Jackson, MI 49203-3891 $165,000 Aug 2022 1,384 SF
2654 Spg Arbor, Jackson, MI 49203-3604 $250,000 Jan 2022 1,211 SF
500 Page, Jackson, MI 49203-1941 $24,235 Jan 2021 752 SF
3141 Page, Jackson, MI 49203-2267 $400,000 Nov 2020 1,175 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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