Technical
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Property profile

1134 Ganson St Jackson, MI 49201

OFF-MARKET
Medical Office Space
Property ID
US43-1538879
988 SF 0.15 ac lot Built 1950
Individually Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,000 square foot Class B office building presents a compelling investment opportunity in Jackson, Michigan. Located at 1134 E Ganson Street, this single-tenant property boasts 100% occupancy and is situated on a highly visible corner lot (0.15 acres) within a high-traffic area. Built in 1950, the building features a convenient ramp entrance, a spacious waiting room with reception area, four additional rooms, and two bathrooms. A full basement provides ample office and storage space. The asking price is $140,000, translating to $199 per square foot. The land value alone is also assessed at $199 per square foot. The property includes up to ten parking spaces, a significant advantage for both employees and clients. This property is ideal for a variety of office uses, including medical practices. Additional land is available for expansion or additional parking. The property's APN is 8-1513.1000. This is a rare opportunity to acquire a well-maintained, fully occupied commercial property in a desirable Jackson location. Don't miss out on this chance to own a piece of Jackson's thriving commercial landscape.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Total area 988 SF
Lot 0.15 ac (6,534 SF)
Zoning code R-1
APN 8-1513.1000
UPID US43-1538879

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
  • Dental Office
  • Dental Office
  • Dental Office

Location

1134 Ganson St Jackson, MI 49201-1844
Jackson metro Census 6900 JACKSON, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
$100k

Owner & transaction history

since 2015
3 recorded transactions
2015
Price N/A
2015
$75,000
2015
Price N/A

Zoning & alternative use

R-1 · Jackson, MI
Zoning description

Sec. 28-36. - R-1 one-family residential district. The R-1 one-family residential district is established for low to medium density single-family residential neighborhoods. The regulations are intended to stabilize, prot…

General category RESIDENTIAL

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
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