Entity Owned Property summary
AI-generated overview
This expansive 89,900 square foot industrial building in Jackson, MI, is offered at $6,500,000. Located on 7.58 acres and zoned LI (Limited Industrial), it features a 2,700 square foot office suite, 75 parking spaces, 5 loading docks, and 4 dock-high doors. The building boasts impressive ceiling heights varying from 19 feet to 33 feet, and includes 6 cranes. A powerful electrical capacity (2000KVA transformer, 2500AMP switchgear) supports efficient operations. The property also includes two additional parcels, offering significant expansion potential. Its strategic location within Hurst Research Park, near Jackson County Airport and major highways (M-60 & I-94), provides excellent access and connectivity to transportation networks. This owner-user opportunity presents a well-equipped, expandable facility in a thriving industrial area. The property's APN is 051-07-36-427-001-01,000-08-31-301-004-01,000-08-31-301-005-01. The price per square foot is $72.30.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
51,936 SF
Lot
3.07 ac (133,555 SF)
Zoning code
L.I-1
APN
051-07-36-427-001-01
UPID
US43-1607287
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.82M
Blend (final)
Blend
$4.72M
Owner & transaction history
since 2025
Last sale
$5.0M
1 recorded transaction
Zoning & alternative use
L.I-1 · Jackson, MI
Top alternative use upside
Restaurant
$4.6M
+121.3%
Medical building
$4.4M
+109.8%
Retail stores
$3.7M
+78.4%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.72M
Value range
$4.25M – $5.19M
±10% around blend
Estimated value / SF
$91 / SF
Confidence
Property data
75
Market benchmarks
67
Comparable evidence
60
$4.25M
blend $4.72M
$5.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
51,936 SF
Lot area
3.07 ac
APN
051-07-36-427-001-01
Zoning
L.I-1
Assessed value
$1,116,900
Annual tax
$48,894
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.82M
Range $977k – $3.07M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.72M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 40 sales
$40
+126%
County 67 sales
$44
+107%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $91/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+121%
vs current-use indication
Medical Building
Retail Stores
Office Building
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
9.30%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.30%
9.0%
NOI (est.)
$350k *
Last sale · May 2025
$5.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.76M
Move the market yield to see immediate price impact.
Value / SF
$72
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.80%9.30%9.80%
$315k
$3.58M
$3.39M
$3.21M
$350k
$3.98M
$3.76M
$3.57M
$385k
$4.38M
$4.14M
$3.93M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$48,894
Tax year 2022
Assessed value
$1,116,900
Assessed 2023
Previous assessed
$1,075,400
+3.9% YoY
Effective rate
4.38%
On assessed value
Total market value
$2,233,800
Applied tax rate
14.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
FORCED AIR
Buildings
4
Total area
51,936 SF
Lot
3.07 ac (133,555 SF)
Zoning code
L.I-1
APN
051-07-36-427-001-01
UPID
US43-1607287
Jurisdiction
JACKSON
Zoning & alternative use
L.I-1 · Jackson, MIZoning L.I-1 · permitted uses
L.I-1 · Jackson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Heating
FORCED AIR
Buildings
4
Lot
3.07 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
L.I-1
Jurisdiction
Jackson, MI
Recorded code
L.I-1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for L.I-1 in Jackson, MI.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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