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Property summary
This exceptional 40-acre commercial property in Jackson, Michigan, presents a lucrative investment opportunity. Located in Blackman Township, the property boasts convenient access to major highways despite its secluded setting. The site features a 3,200 square foot pole barn warehouse, built in 1991, with 15-foot ceilings, concrete floors, and a 200-amp electrical service. The warehouse also includes an office space equipped with electric baseboard heating and a restroom, plus a loft area above the office. The property is zoned I-2 Industrial and offers significant income potential through both warehouse leasing and land leasing (hunting season). The large lot also includes a pond. The property's address is 2103 Videto Lane, Jackson, MI 49202, with APN 000-08-23-376-001-00. The asking price is $495,000, translating to $154.69 per square foot. This is a Net NNN lease property. This property represents a rare combination of industrial space and expansive land, ideal for a variety of uses and income streams. The property's history of successful leasing demonstrates its strong potential for continued profitability.
Property profile
VerifiedCap rate & NOI
Current use
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Trucking Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Sec. 28-47. - I-2 general industrial district. The general industrial district is designed to provide suitable space for industrial operations of all types and adult entertainment enterprises that can comply with all pro…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Jackson, MISec. 28-47. - I-2 general industrial district. The general industrial district is designed to provide suitable space for industrial operations of all types and adult entertainment enterprises that can comply with all pro…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Sec. 28-47. - I-2 general industrial district. The general industrial district is designed to provide suitable space for industrial operations of all types and adult entertainment enterprises that can comply with all pro…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-2 in Jackson, MI.
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Find the owner behind the property.
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