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Property profile & analytics
OFF-MARKET
Warehouses
3735 Commerce St, Jackson, MI 49203-3502
Individually Owned
2-yr Hold
Free & Clear
Property ID
US43-1682840
Property summary
AI-generated overview
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
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Total area
4,080 SF
Lot
2.16 ac (94,177 SF)
Zoning code
M HEAVY
APN
000-14-05-351-001-03
UPID
US43-1682840
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
-
Scottland Yard Lawn Care Landscaping General Contractor
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
David H Powers · 2 yrs held
David H Powers
since 2024
Last sale
$100,000
6 recorded transactions
Zoning & alternative use
M HEAVY · 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
$5,616
Tax year 2022
Assessed value
$146,200
Assessed 2023
Previous assessed
$146,200
+0.0% YoY
Effective rate
3.84%
On assessed value
Total market value
$292,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
4,080 SF
Lot
2.16 ac (94,177 SF)
Zoning code
M HEAVY
APN
000-14-05-351-001-03
UPID
US43-1682840
Jurisdiction
JACKSON
Zoning & alternative use
M HEAVY · Jackson, MI
Zoning M HEAVY · permitted uses
M HEAVY · 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
Year built
1983
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
2.16 ac
Current owner
From public records · entity-resolved
David H Powers
Individual
Free & Clear · 2 yrs held
Mailing address
3875 FRANKLIN RD, JACKSON, MI 49203-2447
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
—
David H Powers
—
Deed
related
$75,000 · County National Bank
Mar 21, 2024
—
David H Powers
Commerce Property Group LLC
Quit Claim Deed
related
—
Jul 7, 2021
—
David H Powers
David H Powers
Intrafamily Transfer
related
—
Sep 23, 2019
$100,000
David H Powers
Dalton Francis J Trust
Warranty Deed
—
Jul 18, 2017
—
David H Powers
Dalton Francis J Trust
Quit Claim Deed
—
Dec 23, 2008
—
Dalton,francis J Trust
Stiles Ents INC
Quit Claim Deed
related
—
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.
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