Property profile

3100 MICHIGAN AVE Jackson, MI 49202

OFF-MARKET
Retail Stores
Property ID
US43-3231320
10,960 SF 0.91 ac lot Built 1999
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Property summary

AI-generated overview

The property is a free-standing retail building totaling approximately 10,960 square feet, constructed in 1999 and historically used as a Rite Aid pharmacy. It includes a drive-through configuration and is situated on approximately 2.00 acres in Jackson, Michigan. The building is located along heavily traveled Michigan Avenue with access to US-127, and features a signalized hard-corner position offering multiple points of ingress and egress. The site is configured to support a range of commercial uses, including pharmacy/drug store uses, general retail, drive-through restaurants, and restaurant uses, subject to applicable zoning and permitting.

Property profile

Verified
Property type Retail Stores
Year built 1999
Total area 10,960 SF
Lot 0.91 ac (39,640 SF)
APN 000-09-31-151-007-01
UPID US43-3231320

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
  • Pharmacy
  • Pharmacy
  • Crypto Atm Atm
  • Pharmacy
  • Bank Credit Union

Location

3100 MICHIGAN AVE Jackson, MI 49202
Jackson metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$2.7M
2 recorded transactions
2024
Price N/A
2024
Price N/A
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