3505 Ann Arbor RdJackson, MI 49202

  • Office buildings
  • 21,604 SF
For Lease
$12/SF/YR View listing

Property Details for 3505 Ann Arbor Rd

Year built
1980
Lot size
4.15 AC
Property size (Sq ft)
21,604 SF
Zone code
B-4 GEN
Property type
Office buildings
APN
000-09-31-276-005-03
APU
93127600503

Description

This exceptional industrial property, located at 3505 Ann Arbor Road in Jackson, Michigan, presents a unique investment opportunity. The site encompasses six separate industrial buildings totaling 28,360 square feet on a generous 4.13-acre lot. Currently, all 28,360 square feet are vacant and available for lease. Individual spaces range from a minimum of 1,536 square feet to a maximum contiguous space of 9,600 square feet, offering flexibility for various business needs. The property boasts excellent visibility and accessibility, situated on Ann Arbor Road with 237 feet of frontage, just two blocks east of US-127, providing convenient access to both US-127 and I-94. Its strategic location offers proximity to essential amenities, including grocery stores, hardware stores, and fast-food restaurants within half a mile, and is only three miles from downtown Jackson. This property is ideal for businesses seeking versatile warehouse space in a prime Jackson County location with easy highway access and nearby conveniences. The property is zoned for industrial use. The buildings are ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,698,344
    6.5%
    $3,413,856
    7%
    $3,170,009
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,020,838
    Geo Method
    $2,020,838
  • Alternative Use

    Use
    Valuation
    Residential
    $4,233,182
    Hospitality
    $3,877,572
    Educational
    $3,226,094
    Medical
    $3,337,044
    Retail
    $5,018,368

Location Insight

City
Jackson
County
Jackson
State
Michigan
Latitude
42.2578
Longitude
-84.3522
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
$16,159
-
-
$302,706
-
-
-
$605,412

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