Property profile

318 Michigan Ave Jackson, MI 49201

OFF-MARKET
Auto shops
Property ID
US43-3762819
17,292 SF 0.4 ac lot Built 1940
Individually Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1940
Total area 17,292 SF
Lot 0.4 ac (17,424 SF)
Zoning code C-3
APN 2-0010.2000
UPID US43-3762819

Cap rate & NOI

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

Location

318 Michigan Ave Jackson, MI 49201-2121
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
$594k
Blend (final) Blend
$440k

Owner & transaction history

since 2019
1 recorded transaction
2019
$150,000

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

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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