Property summary
This 5,120 square foot industrial building, located at 3735 Commerce St, Jackson, MI 49203, is offered at $499,000. Situated on 2.1 acres, this property boasts a prime location near Highway 127 and less than four miles from I-94, making it ideal for distribution and manufacturing businesses. The building features on-site three-phase power, readily available sewer and water hookups at the street, and ample space for outside storage or fleet operations. Its secluded location offers additional advantages. Importantly, this property has received approval for cannabis cultivation and includes a complete set of architectural drawings for this purpose. This presents a unique opportunity for businesses in the cannabis industry. The property's annual taxes are $6,595. Seller financing is available. This is a rare opportunity to acquire a well-located, versatile industrial property with significant potential. The combination of convenient highway access, ample space, available utilities, and cannabis cultivation approval makes this a highly attractive investment.
Property profile
VerifiedCap rate & NOI
Current use
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Landscaping General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
M HEAVY · Jackson, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for M HEAVY in Jackson, MI.
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