Property profile

539 N Blackstone St Jackson, MI 49201

FOR SALE
Specialty properties
Property ID
US43-1522513
3,704 SF 0.63 ac lot Built 1985
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 3,704 SF
539 N Blackstone St, Jackson, MI 49201
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Property summary

AI-generated overview

This exceptional investment opportunity presents the fee simple interest in a 3,704 square foot, free-standing VCA Jackson Animal Hospital in Jackson, MI. The property, built in 1985 and situated on a 0.63-acre lot, boasts 41 parking spaces and enjoys excellent visibility with a monument sign on North Blackstone Street. The current NNN lease with VCA, a well-established veterinary care provider, has approximately 2.2 years remaining on the initial 5-year term, followed by two 5-year renewal options with 2% annual rent increases. The property generates a strong NOI of $68,921, resulting in an attractive 8.30% cap rate at an asking price of $830,000 ($224.08/sq ft). The limited landlord responsibilities inherent in the NNN lease structure make this an ideal low-management investment. The property benefits from its location in a busy commercial area alongside established businesses like Aldi, CVS Pharmacy, and Family Dollar, and enjoys high traffic counts on nearby W Ganson Street (12,818 vehicles daily). The 5-mile trade area encompasses a population of 83,219 residents and over 40,707 daytime employees, with an average household income of $68,479. The property's APN is 1-0247.1000. This is a turnkey investment with significant upside potential.

Property profile

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1985
Total area 3,704 SF
Lot 0.63 ac (27,225 SF)
Zoning code C-4
APN 1-0247.1000
UPID US43-1522513

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
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic

Location

539 N Blackstone St Jackson, MI 49201
Jackson metro Census 200 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
$765k

Owner & transaction history

since 2025
Last sale
$810,000
2 recorded transactions
2025
$810,000
1969
Price N/A

Zoning & alternative use

C-4 · Jackson, MI
Zoning description

Sec. 28-45. - C-4 general commercial district. The general commercial district is composed of certain land and structures used to provide all types of retail goods and services for the residents of the city and surroundi…

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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