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    Property profile & analytics
    OFF-MARKET Estimated value $640,000
    Retail space

    3481 Page Ave, Jackson, MI 49203-2317

    4,800 SF 0.84 ac lot
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0606928
    Property summary
    AI-generated overview

    This 5,200 square foot freestanding retail building in Jackson, Michigan, is available for $799,888. Located at 3481 Page Ave in Leoni Township, this property sits on a 0.84-acre lot and boasts a prime location on a main thoroughfare with approximately 6,580 vehicles passing daily. The building offers two access points and includes a large pylon sign and billboard signage, providing excellent visibility. With over 50 parking spaces, this property is ideal for a flagship location. Currently, only four operating provisioning centers exist within a two-mile radius, presenting a strong market opportunity. Municipal approval for adult-use/medical provisioning is in place, and licenses are included in the sale. The pre-construction build-out allows a new operator to create a custom design. Importantly, the site can also be used for traditional retail purposes, offering flexibility to potential buyers. The property is surrounded by a dense residential population and several national tenants, creating tremendous synergy within the immediate marketplace. The price per square foot is $153.82, and the land value is $899,888 per square foot. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 4,800 SF
    Lot 0.84 ac (36,721 SF)
    Zoning code B-4 GEN
    APN 000-14-06-402-001-01
    UPID US43-0606928
    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
    • Jackson Outdoor Equipment (Bike/Boat/Book/etc) Store Garden Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $483k
    Blend (final) Blend
    $640k
    Owner & transaction history
    Om Page Jackson Realty LLC · 1 yrs held
    Om Page Jackson Realty LLC
    since 2024
    Last sale
    $800,000
    7 recorded transactions
    2026
    2024
    $800,000
    2024
    2021
    $550,000
    2019
    2018
    2006
    $550,000
    Zoning & alternative use
    B-4 GEN · Jackson, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $405,000 +18.0%
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