Versatile Land with Custom
5832 Pontiac Trail Ann Arbor, MI 48105
5832 Pontiac Trail, Ann Arbor, MI, 48105
$475,000
For Sale
Under Contract
$475,000
LAND - Ann Arbor, MI
Property Size3,552 SF
Lot Size4.18 Acres
Price / SF$133.73
Days on Market84
Property Features for 5832 Pontiac Trail
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active Under Contract
- APN
- A-01-30-300-046
- Size
- 3,552 SF
- Lot size
- 4.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Two parcels 4.18 acres
- Tax Annual Amount
- 3711
Utilities
- Utilities
- Electricity Available
- Water source
- Well
Listing agency
Visible Homes, LLC
(734) 864-4044
Listed by
Nichole McCaig · License #6506042824
(734) 368-5653
Added: May 1 Updated: Jul 22 at 9:27AM Checked: Jul 23 at 3:06AM
MLS# 26019358
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property, situated on 5.71 acres across two parcels in Ann Arbor (Salem Township), presents a range of possibilities due to its flexible AG and Office Commercial zoning. The property is serviced by a well and includes a custom Wick barn constructed in 2021. The barn spans 3,552 sq ft and features a 3-car garage with overhead doors and a concrete floor. Multiple access points enhance convenience. The barn also includes two finished horse stalls, with the option to add a third, all equipped with Dutch doors and windows. An additional 2,304 sq ft of unfinished space offers potential for expansion, workspace, or storage. The property is suited for a small business, hobby farm, equestrian setup, or future development.
Key Highlights
- 5.71 acres across two parcels with flexible AG and Office Commercial zoning
- Newer (2021) custom 3,552 sq ft Wick barn built by Stoney Brook Development
- Barn includes a 3‑car garage with overhead doors and a durable concrete floor
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.2k | $17.52 |
| − Vacancy | −$9.0k | −$2.54 |
| EGI | $53.2k | $14.98 |
| − OpEx | −$13.3k | −$3.74 |
| NOI | $39.9k | $11.23 |
3,552 SF · lease $17.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$570.1K
$498.8K – $665.1K
NOI $39,906 @ 7.0% cap · market cap 8.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$784.5K
$686.4K – $915.2K
NOI $54,913 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Horse & equestrian properties
Similar For Sale Nearby
FAQs
What type of property is this?
Horse & equestrian property - 5.71 acres in Ann Arbor with AG/Office zoning.
Where is this horse & equestrian property located?
The property is located at 5832 Pontiac Trail Ann Arbor, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 5.71 acres across two parcels with flexible AG and Office Commercial zoning; Newer (2021) custom 3,552 sq ft Wick barn built by Stoney Brook Development; Barn includes a **3‑car garage with overhead doors and a durable concrete floor**
