Financial
Distress signals
Property profile

604 Greenwood Pl Jackson, MI 49203

FOR LEASE
Office buildings
Property ID
US43-1691890
1,637 SF 0.09 ac lot Built 1920
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This woodwork-featured office building is intended for rental to non-profit organizations and is located within a short distance of downtown. The space contains seven offices, a large conference room, two bathrooms, and a basement, and it has a total size of approximately 1,637 square feet. Street parking is available, and the tenant is responsible for utilities.

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.

Mortgages

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 · 2022

What does the county charge?
$1k
Tax billed · 2022

Value estimate

· Sep 2026
$115k
$104k – $127k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$6k
Operating expenses−$5k
NOI · 2,068.86% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$70/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$36 – $107

Cap rate analysis

How does the asset earn?
2,068.86%
$14k 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-2
Sec. 28-37. - R-2 one- and two-family residential district. The one- and two-family residential district is established to allow a compat...
General categoryRESIDENTIAL
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.0
Acupuncture8.9
Kitchen & Bath8.9

Location

604 Greenwood Pl Jackson, MI 49203
County assessor Recorded deeds · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
821 Greenwood, Jackson, MI 49203-1705 $125,000 Jul 2025 1,500 SF
1500 Morrell, Jackson, MI 49203-1548 $149,000 Feb 2025 1,928 SF
1700 Woodbridge, Jackson, MI 49203-4120 $135,000 Dec 2024 1,458 SF
1215 1st, Jackson, MI 49203-3034 $20,000 Oct 2023 1,632 SF
1224 Greenwood, Jackson, MI 49203-3037 $125,000 Aug 2023 1,486 SF
145 Robinson, Jackson, MI 49203-1084 $221,000 Jul 2020 1,800 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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