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    3021 E Michigan Ave Jackson, MI 49202
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    Property profile & analytics

    3021 E Michigan Ave Jackson, MI 49202


    • Grocery and convenience stores
    • 55,209 SF
    • 5.67 lot acres
    Retail Property on Michigan Avenue For Sale
    $5,890,000
    32,233 SF

    Retail Property on Michigan Avenue

    32,233 SF retail building on 3.27 AC lot.

    3021 E Michigan Ave, Jackson, MI 49202
    View Listing
    Property ID
    US43-0894876
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    6%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Western Union / Bank / Credit Union
    • ALDI / Specialty Food Shop / Supermarket

    Property Details for 3021 E Michigan Ave

    Year built
    1978
    Lot size
    5.67 lot acres
    Property size
    55,209 SF
    Zone code
    C-2
    Property type
    Grocery and convenience stores
    APN
    000-08-36-280-006-01
    APU
    83628000601

    Description

    This exceptional retail opportunity presents 12,000 square feet of vacant space within the East Jackson Center, a multi-tenant shopping center located at 3021 E. Michigan Avenue in Jackson, Michigan, 49202. Situated in Jackson County, this property offers a highly visible location with ample parking for customers. The center provides flexible space options, with a minimum divisible unit of 2,000 square feet and a maximum contiguous space of 10,000 square feet, catering to a variety of retail businesses. The property boasts a total of 250 parking spaces, ensuring convenient access for shoppers. The building's total square footage is 12,000 square feet, currently all available for lease. This presents a unique chance to establish a significant retail presence in a well-established shopping center within a thriving community. The property is classified as a retail shopping center and is ideally suited for businesses seeking high visibility and convenient access for their customers. The address is easily accessible from East Michigan Avenue, providing excellent exposure to high traffic volume. This is a turnkey opportunity for immediate occupancy. Contact us today to learn more about leasing this prime retail space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,390,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,345,000
      6.5%
      $5,860,000
      7%
      $5,440,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,873,000
      Market price range: $1.30M - $6.84M
      AI Estimate
      $4,873,000
      Market price range: $1.30M - $6.84M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,875,000
      Current use
      RESTAURANT
      $4,925,000
      Change: +1% Conversion: Easy
      MEDICAL BUILDING
      $4,665,000
      Change: -4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.366
    Latitude
    42.2543
    CBSA code
    27100
    CBSA name
    JACKSON, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $53,071
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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