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Financial
Distress signals
Property profile

505 Wildwood Ave Jackson, MI 49201

FOR SALE
Other commercial real estate
Property ID
US43-1846069
5,793 SF 0.3 ac lot
Last sale Jan 2019 · $299,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Constructed in 1900, this four-level property is located within Jackson’s Downtown Historic District and retains original architectural features throughout its usable spaces. The interior configuration includes multiple bedrooms, full and half bathrooms, a third-floor laundry area, and climate systems consisting of updated HVAC on the main level, with mini-split heating and cooling on the upper levels; ceiling fans serve the third floor. The property includes improvements completed between 2019…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$177k

Value estimate

· Oct 2026
$220k
$198k – $242k
NOI build-up
Gross scheduled income$99k
Vacancy & credit loss−$15k
Operating expenses−$32k
NOI · 10.04% cap applied$53k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$63/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$30 – $105

Cap rate analysis

How does the asset earn?
10.04%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-4
Sec. 28-39. - R-4 high density apartment and office district. The high density apartment and office district is established for high dens...
General categoryRESIDENTIAL
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath10.9
Dry Cleaner9.5
Storage Facility9.2

Location

505 Wildwood Ave Jackson, MI 49201
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6381 Lansing, Jackson, MI 49201-7506 $138,500 Jan 2024 8,640 SF
309 3rd, Jackson, MI 49201-2000 $14,000 Apr 2023 4,424 SF
2221 Es, Jackson, MI 49201-8713 $470,000 Sep 2022 3,336 SF
208 Jackson, Jackson, MI 49201-2213 $300,000 Aug 2022 4,316 SF
221 Franklin, Jackson, MI 49201-2253 $65,000 Jan 2022 3,163 SF
6615 Lansing, Jackson, MI 49201-7503 $300,000 Mar 2021 8,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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