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    Property profile & analytics

    401 Jackson St Negaunee, MI 49866

    • Commercial real estate
    • 11,082 SF
    • 0.44 lot acres
    For Sale
    View listing
    $200,000
    Value Estimation
    Location Intelligence
    Property ID
    US43-2382744
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 401 Jackson St

    Year built
    1965
    Lot size
    0.44 lot acres
    Property size
    11,082 SF
    Zone code
    B-1
    Property type
    Commercial real estate
    APN
    52-53-010-024-00
    APU
    525301002400

    Description

    This exceptional 10,932 square foot industrial property, located at 401 Jackson in the heart of historic downtown Negaunee, Michigan, presents a unique investment opportunity. Situated on a 0.43-acre lot, this versatile space offers endless possibilities for a variety of uses. Imagine transforming this expansive building into a modern warehouse, a thriving retail center, or even a collection of studio apartments. The possibilities are truly limitless for entrepreneurs and established businesses alike. The property's prime downtown location provides excellent visibility and accessibility, placing your business within a vibrant and growing community. This is a chance to establish a strong presence in a charming and historic setting. The building boasts a brand new roof installed in 2024, complete with a transferable 20-year guarantee, providing peace of mind for years to come. This is a significant advantage for any prospective buyer. Serious inquiries are encouraged to explore the potential of this remarkable property. Land contract options will be considered for qualified buyers. Don't miss this chance to own a substantial piece of Negaunee's thriving downtown area. Contact us today to schedule a showing and begin planning your future in this dynamic location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Negaunee
    County
    Marquette
    State
    Michigan
    Longitude
    -87.6127
    Latitude
    46.4992
    CBSA code
    32100
    CBSA name
    MARQUETTE, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,027
    $0.00
    $0.00
    $82,850
    -
    $0.00
    $0.00
    $165,700

    Comparable in this City

    • Value Estimation by Request
      2,496 SF

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    • Value Estimation by Request
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      521 Us Hwy 41

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      521 Us Hwy 41, Negaunee, MI 49866-1547
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    • Value Estimation by Request
      8,360 SF

      390 Us Hwy 41st E

      COMMERCIAL (GENERAL) • 8,360 SF
      390 Us Hwy 41st E, Negaunee, MI 49866-9625
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    • Value Estimation by Request
      3,920 SF

      370 Us Hwy 41st E

      COMMERCIAL (GENERAL) • 3,920 SF
      370 Us Hwy 41st E, Negaunee, MI 49866-9418
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    • Value Estimation by Request
      4,960 SF

      725 Everett St

      COMMERCIAL (GENERAL) • 4,960 SF
      725 Everett St, Negaunee, MI 49866-1545
      View Details
    • Value Estimation by Request
      11,836 SF

      216 Jackson St

      COMMERCIAL (GENERAL) • 11,836 SF
      216 Jackson St, Negaunee, MI 49866-1686
      View Details

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    401 Jackson St
    Negaunee, MI 49866
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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