Property profile

402 Michigan Ave Jackson, MI 49201

OFF-MARKET
Specialty properties
Property ID
US43-1375538
13,293 SF 0.93 ac lot Built 1902
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Specialty properties
Use group CREMATORIUM, MORTUARY
Year built 1902
Total area 13,293 SF
Lot 0.93 ac (40,337 SF)
Zoning code C-3
APN 2-055300000
UPID US43-1375538

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel Resort
  • Gym & Fitness Center
  • Corporate Office

Location

402 Michigan Ave Jackson, MI 49201-2123
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
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2022
Last sale
$190,850
5 recorded transactions
2022
$125,000
2022
Price N/A
2016
Price N/A
2016
Price N/A
2016
Price N/A

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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