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    241-255 North Maple Rd Ann Arbor, MI 48103

    For Lease
    Contact for pricing

    Redeveloped retail space anchored by Plum Market and national retailers.

    Property size:
    952 SF
    Lot size:
    33.31 Acres

    Property Features for 241-255 North Maple Rd

    General Information

    Size
    952 SF
    Lot size
    33.31 Acres

    Source: Brixmor Property Group | Detroit Agent Brian Mychajluk

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

    Overview

    Retail Space Near High-End Grocer

    This retail space is located in a recently redeveloped center that has undergone $31 million in renovations. The center is anchored by a high-end grocer, Plum Market, and national retailers including HomeGoods, Sierra Trading, LA Fitness, Ulta, and Five Below. The location draws an estimated 6,700+ visits per day and 2.4 million visits per year, based on Creditntell data. Situated off I-94 at the Jackson Rd exit, the location benefits from traffic of over 29,000 vehicles per day. The surrounding area has a dense population of over 82,000 residents with an average household income exceeding $117,000 within a 3-mile radius. The property is in close proximity to the University of Michigan and Eastern Michigan University, which have a combined enrollment of over 71,000 students. The property has a size of 952 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

    Maple Village

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7835567
    Latitude
    42.2834119

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    FAQs

    What type of property is this?
    Shopping center - Redeveloped retail space anchored by Plum Market and national retailers.
    Where is this shopping center located?
    The property is located at 241-255 North Maple Rd Ann Arbor, MI.
    What are key features of this property?
    This property features: - Anchored by high-end grocer Plum Market and national retailers.; - High traffic location with 6,700+ visits/day.; - Located off I-94 at the Jackson Rd exit with 29,000+ VPD.
    (248) 476-6672
    Request Owner's contact information
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    Ann Arbor, MI 48103
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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
    241-255 North Maple Rd Ann Arbor, MI 48103
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