6780 Brooklyn RdJackson, MI 49201

  • Retail residential properties
  • 28,589 SF
For Sale
$50,000 View listing

Property Details for 6780 Brooklyn Rd

Year built
2010
Lot size
4.25 AC
Property size (Sq ft)
28,589 SF
Zone code
GC
Property type
Retail residential properties
APN
000-14-36-327-001-00
APU
143632700100

Description

This thriving, established tanning salon in Jackson, Michigan, presents a unique owner-user investment opportunity. Located at 6780 Brooklyn Rd, this 2,000 square foot storefront boasts 100% occupancy and strong positive cash flow. Built in 2010 and renovated in 2022, the property sits on a 0.78-acre lot within a commercial strip mall in Jackson County, zoned for commercial use. The sale includes all equipment (10 tanning beds, 2 hex booths), inventory, a security system, furnishings, and wall décor. The business operates under a modified lease agreement within a multi-tenant building. The asking price is $50,000, representing a price per square foot of $25. This turnkey operation offers an exceptional opportunity for an entrepreneur seeking a profitable and established business with minimal overhead. The property's prime location on M-50 ensures high visibility and accessibility. Financial records are available upon request to qualified buyers. The business is housed in a single-story, Class C building. The property's APN is 000-00-00-000-00 and is owned by an LLC. This is a rare chance to acquire a well-established, profitable business with all assets included. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,068,674
    6.5%
    $5,601,853
    7%
    $5,201,720
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,145,033
    Geo Method
    $4,145,033
  • Alternative Use

    Use
    Valuation
    Residential
    $5,601,853
    Hospitality
    $5,131,267
    Educational
    $4,269,154
    Medical
    $4,415,977
    Retail
    $6,640,906

Location Insight

City
Jackson
County
Jackson
State
Michigan
Latitude
42.1672
Longitude
-84.259
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
$10,901
-
-
$269,200
-
-
-
$538,400

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