Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    415 4th St Jackson, MI 49201-2059
    Back to Search
    Property profile & analytics

    415 4th St, Jackson, MI 49201-2059

    View on Map
    • Retail space
    • 992 SF
    • 0.19 lot acres
    Off-Market
    Last Sale Dec 3, 2021
    $35,000
    Property ID
    US43-1431831
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 415 4th St

    Year built
    1892
    Lot size
    0.19 lot acres
    Zone code
    C-1
    Property type
    Retail space
    APN
    3-019400000
    APU
    3019400000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 3, 2021 $35,000 Dorian Pierce Studio Z LLC Warranty Deed $28k · County National Bank
    Dec 3, 2021 $82,500 Galleries By Z Studios LLC Parker & Adams PC Warranty Deed —
    Feb 15, 2018 — Galleries By Studio Z LLC — Deed · related $82k · Sayles Grace C Trust (pt)
    Oct 31, 2014 — Galleries By Studio Z LLC|parker & Adams PC Parker & Adams PC Quit Claim Deed · related —
    — — Galleries By Studio Z LLC — Deed Of Trust · related $82k · Sayles Grace C Trust (pt)

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.4181
    Latitude
    42.2441
    CBSA code
    27100
    CBSA name
    JACKSON, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,871
    $0.00
    $0.00
    $28,500
    -
    $0.00
    $0.00
    $57,000

    Comparable in this City

    • Value Estimation by Request
      3,726 SF

      717 Franklin St

      RETAIL STORES (PERSONAL SERVICES)
      717 Franklin St, Jackson, MI 49201-2047
      View Details
    • Value Estimation by Request
      3,676 SF

      912 Ganson St

      RETAIL STORES (PERSONAL SERVICES)
      912 Ganson St, Jackson, MI 49201-1734
      View Details
    • Value Estimation by Request
      8,075 SF

      203 Ave

      Individual retail properties
      203 Ave, Jackson, MI 49201
      View Details
    • Value Estimation by Request
      3,640 SF

      635 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES)
      635 Michigan Ave, Jackson, MI 49201-1623
      View Details
    • Value Estimation by Request
      8,712 SF

      154 Pearl St

      RETAIL STORES (PERSONAL SERVICES)
      154 Pearl St, Jackson, MI 49201-1311
      View Details
    • Value Estimation
      $1,045,000
      17,040 SF

      3325 Cisco St

      RETAIL STORES (PERSONAL SERVICES)
      3325 Cisco St, Jackson, MI 49201-8804
      View Details

    Similar Nearby for Sale

    • $399,000
      3,016 SF

      Retail Opportunity in Jackson, MI

      Retail property for sale in Jackson, Michigan with 3,016 SF.
      130 Street Ct East, Jackson, MI 49201
      View Details
    • $125,000
      240 SF

      High-Visibility Commercial Opportunity

      Prime auto sales lot with exceptional traffic and visibility.
      6006 Ann Arbor Rd, Jackson, MI 49201
      View Details
    • $125,000
      240 SF

      Retail Opportunity in Jackson, MI

      Retail property for sale in Jackson, Michigan.
      6006 Ann Arbor Rd, Jackson, MI 49201
      View Details
    • $275,000
      4,800 SF

      Commercial Building Near Railroad Station

      Commercial building near the railroad station and hospital.
      429 Hupp Ave, Jackson, MI 49201
      View Details
    • Contact for pricing
      1,600 SF

      Downtown Jackson Commercial Space Available

      Street-level commercial space with flexible layouts in revitalized downtown building.
      143 E Michigan Ave, Jackson, MI 49201
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      845 SF

      Retail Space in Jackson, MI

      Retail space available for lease in Jackson, Michigan.
      100 W Washington Ave, Jackson, MI 49201
      View Details
    • $26 SF/Yr
      845 SF

      Historic Landmark Retail/Office Space

      Historic Jackson building with retail or office space for lease.
      100 W Washington Ave, Jackson, MI 49201
      View Details
    • $12 SF/Yr

      Office and Retail Space Available

      Office and retail spaces for lease with signage options.
      100 E Michigan Ave, Jackson, MI 49201
      View Details
    • $2,700 /Mo
      1,800 SF

      Renovated Commercial Suite in Jackson

      Main-level commercial suite in Jackson's central business district.
      300 W Washington Ave, Jackson, MI 49201
      View Details
    • Contact for pricing
      Pending

      Downtown Jackson Office/Retail Space

      Prime corner office/retail space in downtown Jackson for lease.
      200 S Jackson St, Jackson, MI 49201
      View Details
    • $2,155,328
      10,640 SF

      New Dollar General Store

      New Dollar General store in Jackson, Michigan, opened in 2025.
      7519 E Michigan Ave, Jackson, MI 49201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    415 4th St
    Jackson, MI 49201-2059
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    415 4th St, Jackson, MI, 49201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!