Property profile

711 Greenwood Ave Jackson, MI 49203

FOR SALE
Retail space
Property ID
US43-1183342
2,838 SF 0.19 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This commercial property is located in downtown Jackson and contains 2,838 square feet of building space on a 0.18-acre lot. It is zoned C-2, allowing for a range of uses such as retail, office space, or storage. The building includes parking and an adaptable interior layout that can support various business configurations, including uses like a nail salon, pizza takeout, or a small office complex. The property has frontage that provides visibility and exposure to passing traffic. The building is offered in its existing condition (as-is), with no repairs indicated as included.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 2,838 SF
Lot 0.19 ac (8,059 SF)
Zoning code C-2
APN 4-044000000
UPID US43-1183342

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
  • (Bike/Boat/Book/etc) Store Printing Service

Location

711 Greenwood Ave Jackson, MI 49203
Jackson metro Census 1000 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
$130k

Owner & transaction history

since 2025
Last sale
$18,000
2 recorded transactions
2025
$18,000
1969
Price N/A

Zoning & alternative use

C-2 · Jackson, MI
Zoning description

Sec. 28-43. - C-2 community commercial district. The community commercial district is composed of certain land and structures used primarily to provide all types of "convenience goods," as described in the C-1 district,…

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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