Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Manufacturing properties
2427 Research Dr Jackson, MI 49203-6409
Entity Owned
Absentee Owner
Free & Clear
Property ID
US43-1528450
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1995
Total area
28,800 SF
Lot
3.6 ac (156,816 SF)
Zoning code
I-2
APN
6-1845.NO00
UPID
US43-1528450
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
-
Technique, Inc. - Research Drive Location Metal Fabrication Plant Factory
-
Big Steel Rack Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.14M
Owner & transaction history
Technique Properties L L C
Technique Properties L L C
since 2025
7 recorded transactions
Zoning & alternative use
I-2 · Jackson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+135.8%
Auto repair, garage
$1.6M
+108.9%
Warehouse, storage
$1.2M
+49.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$775,000
Current use
COMMERCIAL (GENERAL)
$1,825,000
Change: +136% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,620,000
Change: +109% · Conversion: Easy
WAREHOUSE, STORAGE
$1,160,000
Change: +50% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$39 / SF
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
$35,419
Tax year 2022
Assessed value
$700,600
Assessed 2023
Previous assessed
$720,900
-2.8% YoY
Effective rate
5.06%
On assessed value
Total market value
$1,401,200
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
1995
Heating
FORCED AIR
Buildings
3
Stories
1
Total area
28,800 SF
Lot
3.6 ac (156,816 SF)
Zoning code
I-2
APN
6-1845.NO00
UPID
US43-1528450
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$775,000
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Stories
1
Buildings
3
Lot
3.6 ac
Current owner
From public records · entity-resolved
Technique Properties L L C
Entity
Free & Clear · 0 yrs held
Mailing address
1500 TECHNOLOGY DR, JACKSON, MI 49201-2700
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2025
—
Technique Properties L L C
Ronald L Johncox
Quitclaim Deed
related
—
Nov 10, 2025
—
Ronald L Johncox
Technique Properties LLC
Quitclaim Deed
related
—
Apr 10, 2020
—
Technique Properties LLC
—
Deed
related
$2,500,000 · Comerica Bk
Jan 2, 2020
—
Technique Properties LLC
—
Deed
related
$3,500,000 · Comerica Bk
Mar 21, 2019
—
Technique Properties LLC
—
Deed
related
$2,000,000 · Commercial Bk
Sep 18, 2018
—
Technique Properties LLC
—
Deed
related
$2,000,000 · Comerica Bk
Jun 20, 2018
—
Technique Properties LLC
—
Deed
related
$500,000 · Comerica Bk
Nov 4, 2016
—
Technique INC
—
Deed
related
$6,440,413 · Comerica Bk
—
—
Technique Properties LLC
—
Loan Modification
related
$2,000,000 · Commercial Bk
—
—
Technique Properties LLC
—
Loan Modification
related
$3,500,000 · Comerica Bk
—
—
Technique INC
—
Loan Modification
related
$2,945,000 · Fifth Third Bank
—
—
Technique INC
—
Loan Modification
related
$6,440,413 · Comerica Bk
—
—
Technique Properties LLC
—
Loan Modification
related
$500,000 · Comerica Bk
—
—
Technique Properties LLC
—
Loan Modification
related
$2,000,000 · Comerica Bk
—
—
Technique Properties LLC
—
Loan Modification
related
$2,500,000 · Comerica Bk
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.
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?”
You own 2427 Research Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
