Versatile Ann Arbor Commercial
5832 Pontiac Trail Ann Arbor, MI 48105
5832 Pontiac Trail, Ann Arbor, MI, 48105
$475,000
For Sale
Under Contract
$475,000
COMMERCIAL - 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
- Commercial Sale
- 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
- 2027
- Tax Description
- Two parcels 4.18 acres
- Tax Annual Amount
- 3711
Utilities
- Utilities
- Electricity Available
- Water source
- Well
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Metal Siding
- Roof type
- Metal
Listing agency
Visible Homes, LLC
(734) 864-4044
Listed by
Nichole McCaig · License #6506042824
(734) 368-5653
Added: Apr 30 Updated: Jul 22 at 9:27AM Checked: Jul 22 at 11:06PM
MLS# 26019133
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 significant potential for various uses. The flexible AG and Office Commercial zoning on each parcel broadens the possibilities, accommodating a small business, hobby farm, equestrian facility, or future development. A well services the property. A custom Wick barn, constructed in 2021 by Stoney Brook Development, spans 3,552 square feet. The barn features a 3-car garage with overhead doors and a concrete floor, multiple access points, and two finished horse stalls (with the option to add a third), complete with Dutch doors and windows. An additional 2,304 square feet of unfinished space offers expansion, workspace, or storage opportunities. The property's zoning, recent construction, and adaptable layout make it suitable for bringing a variety of visions to life.
Key Highlights
- 5. 71 acres across two parcels with flexible AG and Office Commercial zoning offering diverse usage possibilities.
- Newly constructed (2021) custom 3,552 sq ft Wick barn built by Stoney Brook Development.
- Barn features a 3‑car garage with overhead doors and 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 with flexible zoning and custom Wick barn.
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 offering diverse usage possibilities.; Newly constructed (2021) custom **3,552 sq ft Wick barn built by Stoney Brook Development.**; Barn features a **3‑car garage with overhead doors and concrete floor.**
