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    Property profile & analytics

    875 Laurence Ave Jackson, MI 49202-2966

    • Medical offices
    • 2,152 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Feb 02, 2023
    $365,000
    Location Intelligence
    Property ID
    US43-1792572
    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.

    Current Use by Public Records

    • Doane Robert MD P.C. / Orthopedic Surgeon
    • Med Plus After Hours Clinic, PC / Medical Clinic
    • Dr. Brad Kremer / Family Practice Physician / Practitioner Service Location

    Property Details for 875 Laurence Ave

    Year built
    1995
    Lot size
    0.42 lot acres
    Property size
    2,152 SF
    Zone code
    O-1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    000-08-32-230-003-00
    APU
    83223000300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $315,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $325,000
      Mixed-Use
      $260,000
      Hospitality
      $315,000
      Educational
      $290,000
      Residential Income
      $345,000
      Energy
      $255,000
      Income-Based Land
      $345,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.4474
    Latitude
    42.2584
    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
    $8,260
    $0.00
    $0.00
    $174,900
    -
    $0.00
    $0.00
    $349,800

    Comparable in this City

    • Value Estimation by Request
      5,207 SF

      817 Ganson St

      MEDICAL BUILDING • 5,207 SF
      817 Ganson St, Jackson, MI 49202-4255
      View Details
    • Value Estimation by Request
      2,024 SF

      1041 Laurence Ave

      MEDICAL BUILDING • 2,024 SF
      1041 Laurence Ave, Jackson, MI 49202-2964
      View Details
    • Value Estimation by Request
      3,760 SF

      1015 Laurence Ave

      MEDICAL BUILDING • 3,760 SF
      1015 Laurence Ave, Jackson, MI 49202-2964
      View Details
    • Value Estimation by Request
      4,727 SF

      1325 Ave

      MEDICAL BUILDING • 4,727 SF
      1325 Ave, Jackson, MI 49202-2050
      View Details
    • Value Estimation by Request
      1,488 SF

      1308 Michigan Ave

      MEDICAL BUILDING • 1,488 SF
      1308 Michigan Ave, Jackson, MI 49202-4126
      View Details
    • Value Estimation by Request
      4,550 SF

      816 Winifred St

      MEDICAL BUILDING • 4,550 SF
      816 Winifred St, Jackson, MI 49202-3062
      View Details

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    875 Laurence Ave
    Jackson, MI 49202-2966
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    Realmo Value Estimation

    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.

    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.

    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
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