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    3945 South State Street Ann Arbor, MI 48108

    Sponsored
    Source: https://svn.com
    For Sale
    $2,750,000

    Ann Arbor - 2 Property Office Portfolio

    Property size:
    7,190 SF

    Description

    Added:
    May 16, 2025
    Days on Market:
    241
    Two Property Portfolio including of the following properties:

    3945 South State Street: 1,900 Square Foot Triple Net (NNN) Jimmy Johns Investment.

    3949-3957 South State Street: 5,290 Square Foot Strip

    Located at the Intersection of State Street & Ellsworth Road, Close to I-94 Exit.

    3945 South State Street:
    2014 Construction
    (2) 5-year options remaining with 10% increases each option
    Top Performing Location with Drive Thru
    NNN Lease with minimal landlord responsibilities
    Corporate Guarantee
    3949-3957 South State Street:
    Ideal for Retail, Office, or Medical uses.
    22 Parking Spaces
    Ceiling Height allows for 2nd floor
    Drive Thru Available
    New Construction
    48,000 Vehicles per Day

    Property Features for 3945 South State Street

    General Information

    Property type
    Office buildings
    Square Feet
    7,190 SF
    Price / Square Foot
    $382
    Elevators
    N/A

    Building Details

    Year Built
    2014
    Buildings
    2
    Stories
    2
    Location Intelligence

    Current Use by Public Records

    Jimmy John's Caterer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    State
    Michigan
    Longitude
    -83.7408973
    Latitude
    42.2810685

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    FAQs

    What type of property is this?
    Office building - Ann Arbor - 2 Property Office Portfolio
    Where is this office building located?
    The property is located at 3945 South State Street Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $2,750,000.
    (248) 818-0010
    Request Owner's contact information
    3945 South State Street Ann Arbor, MI 48108
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    Ann Arbor, MI 48108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3945 South State Street Ann Arbor, MI 48108
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