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Property profile & analytics
OFF-MARKET
Community centers
3232 Michigan Ave Jackson, MI 49202-3852
Entity Owned
8-yr Hold
Free & Clear
Property ID
US43-4286409
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Total area
9,896 SF
Lot
1.34 ac (58,370 SF)
Zoning code
B-4 GEN
APN
000-09-31-176-002-01
UPID
US43-4286409
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
AT&T Store Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Brt Real Estate LLC · 8 yrs held
Brt Real Estate LLC
since 2017
7 recorded transactions
Zoning & alternative use
B-4 GEN · Jackson, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$12,043
Tax year 2022
Assessed value
$228,615
Assessed 2023
Previous assessed
$229,396
-0.3% YoY
Effective rate
5.27%
On assessed value
Total market value
$457,230
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
9,896 SF
Lot
1.34 ac (58,370 SF)
Zoning code
B-4 GEN
APN
000-09-31-176-002-01
UPID
US43-4286409
Jurisdiction
JACKSON
Zoning & alternative use
B-4 GEN · Jackson, MI
Zoning B-4 GEN · permitted uses
B-4 GEN · Jackson, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Brt Real Estate LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1500 TECHNOLOGY DR, JACKSON, MI 49201-2700
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2019
—
Technique Properties LLC
—
Deed
related
$2,000,000 · Comerica Bk
Sep 18, 2018
—
Technique Properties LLC
—
Deed
related
$2,000,000 · Comerica Bk
Nov 8, 2017
—
Brt Real Estate LLC
Technique Properties LLC
Warranty Deed
related
—
Jul 6, 2017
—
Technique Properties LLC
—
Deed
related
$894,417 · Comerica Bk
Nov 4, 2016
—
Technique Properties LLC
—
Deed
related
$894,417 · Comerica Bk
Jan 24, 2013
$235,000
Technique Properties LLC
Kobacker,john S
Warranty Deed
—
—
—
Technique Properties LLC
—
Loan Modification
related
$2,000,000 · Comerica Bk
—
—
Technique Properties LLC
—
Loan Modification
related
$894,417 · Comerica Bk
—
—
Technique Properties LLC
—
Loan Modification
related
$894,417 · Comerica Bk
—
—
Technique Properties LLC
—
Loan Modification
related
$2,000,000 · Comerica Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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