Technical
Financial
Distress signals
Property profile

300 W Washington Ave 430 Jackson, MI 49201

FOR LEASE
Medical Office Space
Property ID
US43-1398415
40,016 SF 1.14 ac lot Built 1988
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a main-level commercial office suite within the Sky Professional Suites building. The suite is configured for professional use and includes a lobby, multiple individual offices, and a dedicated meeting room for client-facing and administrative activities. Building amenities include an onsite coffee bar. The lease structure is described as gross, with the landlord responsible for utilities and certain operating expenses, including heat, electric, water, sewer, trash, CAM, and NNN; the building has established professional tenants, including healthcare providers and various professional services such as medical/dental, chiropractic, and legal uses. Additional suites are available within the same building to support different business sizes and needs.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 40,016 SF
Lot 1.14 ac (49,833 SF)
Zoning code C-3
APN 4-026800000
UPID US43-1398415

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician Hospital
  • Physician Medical Clinic
  • Physician

Location

300 W Washington Ave, Unit 430 Jackson, MI 49201
Jackson metro Census 600 JACKSON, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.43M
Blend (final) Blend
$1.53M

Owner & transaction history

since 2019
3 recorded transactions
2019
$1.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Jackson, MI
Zoning description

Sec. 28-44. - C-3 central commercial district. The central commercial district represents the focal point of the city's commercial, office and civic activity. It is designed to provide retailing, personal services, parki…

General category COMMERCIAL
Top alternative use upside
Restaurant $3.6M +5.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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