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Financial
Distress signals
Property profile

2532 Spring Arbor Rd 2 Jackson, MI 49203

FOR LEASE
Medical Office Space
Property ID
US43-0913307
2,862 SF 1.2 ac lot Built 1960
Last sale Nov 2022 · $340,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a fully renovated, multi-suite office building with ADA-compliant interior and exterior improvements, including widened hallways, compliant doors and restrooms, rebuilt bathrooms with new plumbing, new drywall, and code-compliant lighting and switches. Mechanical and envelope updates include replaced HVAC venting and partial roof replacement with a 10-year warranty, and a newly paved asphalt parking lot. The building is divided into four suites: Suite A is located on the main…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$10k
Tax billed · 2020
Assessed value · 2023$181k
Effective rate5.40%

Value estimate

· Oct 2026
$405k
$365k – $446k
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$19k
Operating expenses−$16k
NOI · 219,500.00% cap applied$48k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$61 – $109

Cap rate analysis

How does the asset earn?
219,500.00%
$48k 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?
O-1
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.9
Realty agency18.7
Law Firm16.8

Location

2532 Spring Arbor Rd, Unit 2 Jackson, MI 49203
County assessor Recorded deeds · 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2585 Spg Arbor, Jackson, MI 49203-3655 $213,500 Sep 2024 2,344 SF
2555 Spg Arbor, Jackson, MI 49203-3601 $520,000 Sep 2023 2,193 SF
316 Brown, Jackson, MI 49203-1481 $250,000 Apr 2022 2,822 SF
2108 4th, Jackson, MI 49203-4518 $155,000 May 2021 2,652 SF
610 Brown, Jackson, MI 49203-1428 $208,000 Mar 2021 2,358 SF
2500 Spg Arbor, Jackson, MI 49203-3602 $350,000 Dec 2019 3,113 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
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