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1230 S Martin Luther King Jr Dr Jackson, MI 1230-1238 Francis St 4,032 SF Retail Building Jackson, MI 49203 $425,000 ($105.41/SF)
Investment Highlights
- High Traffic Corner
Executive Summary
Domino's is the anchor. Lease runs to 1/31/25 and there are two renewal options. There are three other units vacant at this time. Heavy traffic at the NW corner of High St and S MLK Jr Drive.
Taxes & Operating Expenses (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$7,879
|
$1.95
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,879
|
$1.95
|
Taxes & Operating Expenses (Actual - 2022)
| Taxes | |
|---|---|
| Annual | $7,879 |
| Annual Per SF | $1.95 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,879 |
| Annual Per SF | $1.95 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,032 SF
Building Class
B
Year Built
2005
Price
$425,000
Price Per SF
$105.41
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.33 AC
Zoning
Commercial
Parking
25 Spaces (6.2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5-071900000 | Total Assessment | $231,500 (2026) |
| Land Assessment | $0 (2026) | Annual Taxes | $7,879 ($1.95/SF) |
| Improvements Assessment | $0 (2026) | Tax Year | 2022 Payable 2023 |
Property Taxes
Parcel Number
5-071900000
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$231,500 (2026)
Annual Taxes
$7,879 ($1.95/SF)
Tax Year
2022 Payable 2023
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1230 S Martin Luther King Jr Dr Jackson, MI | 1230-1238 Francis St
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