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Jackson 49201
8103 LORI LEE LN
$85,000
● Land - Off Market

8103 LORI LEE LN

Jackson, MI 49201
bedrooms
Studio
bathrooms
0 Bath
$105,155
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Ready to build your dream home? This 11.863 acre property features a pond, and level lot in the quiet country setting that many are searching for. With an established county neighborhood you won't have to worry about a lot of construction, and you will have plenty of space to spread out and build what you desire. Plenty of space for pastures, barns, a pool, or whatever extras you could want at your new home. Mineral rights are not currently included, but can be included at $91,500. This land is currently rented by a farmer to plant crops on. Arrangements can be made any way that the new buyer prefers. Seller is also offering to do down payment financing if needed for conventional loan.
Unit Size
-
Days on Market
-
Land Size
11.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #21036877)

Price History

Date / Event Date Event Price
Aug 12, 2020 Sold
Premium
Sold
Jun 30, 2020 Sold
Premium
Sold
May 10, 2020 Listed by EXIT REALTY 1ST LLC $75,000
Listed by EXIT REALTY 1ST LLC
Feb 14, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 516,752
  • Lot Size Depth Feet: 8,385
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000011863
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: BEG AT THE NW CORNER OF SEC 11 TH N89*26'47"E ALG N LN OF SD SEC 11 A DISTANCE OF 1308.95 FT TO THE WLY N&S 1/8 LN OF SD SEC

Neighborhood

  • School District Name: Napoleon Community Schools
  • School Tax School District: 38130
  • Census Tract: 006306

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS
  • District: 02
  • Parcel: 000-19-11-100-001-08
  • Meridian: SEC 11 TWN 04S RNG 01E
  • Municipality: COLUMBIA TWP
  • Latitude: 42.1448
  • Longitude: -84.2839

    Address

  • Full Address: 8103 Lori Lee Ln
  • Address - House Number: 8103
  • Address - Street Name: Lori Lee
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Jackson
  • Carrier Code: R017
  • 4-Digit Zip Code: 7244
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $128,159
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 2

    Market Valuation

  • Market Total Value: $74,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000

    Sales

  • Current Sale Contract Date: Jun 28, 2020
  • Current Sale Recording Date: Aug 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2856889
  • Previous Sale Recording Date: Feb 14, 2006
  • Previous Sale Contract Date: Feb 07, 2006
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Korey Rowlson, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21036877
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 8103 Lori Lee Lane built and last sold?
The property at 8103 Lori Lee Lane was built in and last sold on Jun 28, 2020 for $83,000.
How much is this home worth?
The estimated value of the home located at 8103 Lori Lee Lane is $0.
What are some comparable homes to 8103 Lori Lee Lane?
There are currently no comparable homes to 8103 Lori Lee Lane.
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