Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

240 Watts Rd Jackson, MI 49203

FOR SALE
Manufacturing properties
Property ID
US43-1424863
3,804 SF 0.78 ac lot Built 2001
Last sale Feb 2024 · $196,991
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A 3,800-square-foot flex-space building in Jackson, Michigan, constructed in 1980. The building includes a full bathroom with an oversized shower and an instant-gas hot water heater, and it has high-speed cable availability. The site is enclosed with chain-link fencing and entered through an electric gate, and the property is located at 240 Watts Road.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$44k
Effective rate4.48%

Value estimate

· Oct 2026
$150k
$135k – $165k
AI approach$150k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 5.87% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$27/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$15 – $39

Cap rate analysis

How does the asset earn?
5.87%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ML LIGH
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.6
Dental Office16.8
Law Firm16.6

Location

240 Watts Rd Jackson, MI 49203
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
514 Watts, Jackson, MI 49203-2331 $280,000 Dec 2024 3,960 SF
1910 Goodrich, Jackson, MI 49203-4104 $110,000 Dec 2023 2,804 SF
1256 Falahee, Jackson, MI 49203-3510 $679,900 Dec 2022 7,200 SF
1503 High, Jackson, MI 49203-3317 $125,000 Sep 2022 3,264 SF
2080 Brooklyn, Jackson, MI 49203-4744 $3,890,000 Feb 2020 5,200 SF
1604 Clara, Jackson, MI 49203-3408 $75,000 Apr 2019 4,960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
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
Why this one?
Saved
Reason not saved — we won't ask again