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    1215 S University Ave Ann Arbor, MI 48104

    For Sale
    Contact for pricing

    New construction retail or office space in downtown Ann Arbor.

    Property Features for 1215 S University Ave

    General Information

    Zoning
    D1

    Source: Randy Maas Agent Randy Maas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ann Arbor Retail/Office Space

    This new construction property is located on South University in downtown Ann Arbor, near the University of Michigan campus and next to South University Towers. The space is suitable for retail or office use. It offers between 6,000 and 12,000 square feet. The location benefits from exceptional foot traffic. Street parking and parking in the S. Forest structure are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.734042
    Latitude
    42.27528

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    FAQs

    What type of property is this?
    Retail space - New construction retail or office space in downtown Ann Arbor.
    Where is this retail space located?
    The property is located at 1215 S University Ave Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $45.
    What are key features of this property?
    This property features: - Prime downtown/campus location on South University, in the heart of the University of Michigan campus.; - Exceptional foot traffic due to location.; - New construction offering modern space.
    (734) 222-7525
    Request Owner's contact information
    1215 S University Ave Ann Arbor, MI 48104
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    Ann Arbor, MI 48104
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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
    1215 S University Ave Ann Arbor, MI 48104
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