240 Trl St, Jackson, MI 49201-1234
This vacant, mixed-use property presents a unique redevelopment opportunity in the heart of Jackson, Michigan. Located at 240 W Trail St, this 0.34-acre lot features a 336-square-foot building constructed in 1910. Currently zoned C-2 commercial, the property enjoys a prime location just minutes from downtown Jackson, the Jackson Fairgrounds, and major highways I-94 and I-27, ensuring high visibility and accessibility. The property is ideal for a variety of uses, including a restaurant, bar, convenience store, or even a multi-family residential conversion, subject to city planning and zoning approvals. The asking price is $28,000, translating to $83.33 per square foot. The property is currently vacant, offering a blank canvas for your vision. Buyers are encouraged to explore potential uses with the City Planning Commission and Zoning Department to determine feasibility. This is a rare chance to acquire a strategically located property with significant redevelopment potential in a thriving area. The fenced back lot adds to the property's versatility. Don't miss this chance to bring your business or residential project to life in a high-traffic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Jackson, MIJackson. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.