Property profile

1100 Argyle St Jackson, MI 49202

OFF-MARKET
Strip malls
Property ID
US43-1572033
112,571 SF 9.35 ac lot Built 1972
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Merchants Crossing, a Class A shopping center in Jackson County, offers exceptional retail and restaurant opportunities. This 112,571 square foot center boasts a prime location on Argyle Street, between West Avenue and Wisner Street, within Jackson's thriving regional retail trade area. The center features two major anchors, Kroger (with a gas station) and Big Lots, ensuring high foot traffic and visibility. Available spaces range from 1,128 to 8,000 contiguous square feet, with a total of 11,384 square feet currently vacant. The property sits on a 9.34-acre lot, providing ample parking and convenient access from Argyle Street, Wisner Street, and West Avenue. The surrounding area is home to a strong mix of national retailers, including Aldi, JOANN, Home Depot, and Target, further enhancing the center's appeal. Jackson County is experiencing significant growth, with several new national retailers and restaurants recently opening or planning to open, including Five Guys, Ross Dress for Less, and Burlington. The property benefits from high traffic counts, with 13,774 vehicles per day on North Wisner Street and 7,673 vehicles per day on Argyle Street. This is an exceptional opportunity to establish a presence in a dynamic and rapidly growing retail market. The property is categorized as a multiple-tenancy commercial space, including retail and restaurant uses, and is also suitable for medical uses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Total area 112,571 SF
Lot 9.35 ac (407,112 SF)
Zoning code C-4
APN 2-243900000
UPID US43-1572033

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
  • Grocery & Convenience Store Food Market
  • Gas Station
  • Shopping Center & Mall
  • Pharmacy
  • Veterinary Clinic

Location

1100 Argyle St Jackson, MI 49202-2059
Jackson metro Census 100 JACKSON, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2023
4 recorded transactions
2024
Price N/A
2023
Price N/A
2016
Price N/A
2015
Price N/A

Zoning & alternative use

C-4 · Jackson, MI
Zoning description

Sec. 28-45. - C-4 general commercial district. The general commercial district is composed of certain land and structures used to provide all types of retail goods and services for the residents of the city and surroundi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1100 Argyle St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message