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Property summary
A brick office building with over 5,000 square feet of well-maintained interior space, located in the southwest area on a busy corner with stop-light intersection visibility. The building is configured for professional uses and has previously been used for medical purposes; it includes an elevator, central air conditioning, and an on-site generator. Interior spaces include waiting and reception areas, operatories, conference space, private offices, and storage. The layout supports multiple tenants, with capacity for up to four individual businesses, and includes four bathrooms. The building has a replaced (newer) roof and is served by a private parking lot with 19 spaces.
Property profile
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Sec. 28-39. - R-4 high density apartment and office district. The high density apartment and office district is established for high density residential uses located close to the central business district. The district p…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-4 · Jackson, MISec. 28-39. - R-4 high density apartment and office district. The high density apartment and office district is established for high density residential uses located close to the central business district. The district p…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Sec. 28-39. - R-4 high density apartment and office district. The high density apartment and office district is established for high density residential uses located close to the central business district. The district p…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-4 in Jackson, MI.
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