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Property profile & analytics
OFF-MARKET
Manufacturing properties
2425 High St Jackson, MI 49203-3421
Entity Owned
Free & Clear
Property ID
US43-0860471
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Total area
10,800 SF
Lot
2.14 ac (93,218 SF)
Zoning code
I-2
APN
6-1846.7000
UPID
US43-0860471
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alro Riverside Grinding Metal Industry Suppliers Metal Fabricator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Louis 1884 Investments III LLC
Louis 1884 Investments III LLC
since 2025
6 recorded transactions
Zoning & alternative use
I-2 · Jackson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,336
Tax year 2022
Assessed value
$152,100
Assessed 2023
Previous assessed
$143,000
+6.4% YoY
Effective rate
5.48%
On assessed value
Total market value
$304,200
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
10,800 SF
Lot
2.14 ac (93,218 SF)
Zoning code
I-2
APN
6-1846.7000
UPID
US43-0860471
Jurisdiction
JACKSON
Zoning & alternative use
I-2 · Jackson, MI
Zoning I-2 · permitted uses
I-2 · Jackson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
2.14 ac
Current owner
From public records · entity-resolved
Louis 1884 Investments III LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 927, JACKSON, MI 49204-0927
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
Louis 1884 Investments III LLC
Alro Steel Corporation
Quitclaim Deed
related
—
Apr 21, 2016
$1,379,000
Alro Steel Corp
Riverside Machine & Grinding
Warranty Deed
—
Dec 28, 2015
—
Alro Riverside LLC
A & E Grinding LLC
Quit Claim Deed
related
—
Jan 28, 2013
$375,000
A & E Grinding LLC
Mmti INC
Warranty Deed
—
Jan 28, 2013
$220,000
Mmti INC
Miller Tool & Die Co INC
Quit Claim Deed
related
—
—
—
Miller Tool & Die Co
—
Deed Of Trust
related
$2,000,000 · Mmti INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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