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    3575 Carpenter Rd Ypsilanti, MI 48197

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    For Lease
    Contact for pricing

    Ground lease opportunity near national retailers, suitable for various commercial uses.

    Lot size:
    0.96 Acres

    Property Features for 3575 Carpenter Rd

    General Information

    Lot size
    0.96 Acres

    Source: Signature Associates Agent Marvin Petrous

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

    Overview

    Prime Commercial Land Opportunity

    This commercial land offers an excellent ground lease or build-to-suit opportunity. It is located at the southeast corner of Carpenter Road and Center Valley Drive. The zoning is ME, allowing for a variety of commercial uses including retail, office, medical, and financial institutions. The property features 239 feet of frontage on Carpenter Road. The surrounding area includes national retailers such as Home Depot, Starbucks, ALDI, Target, Meijer, Kroger, and Lowe's. Please note that automotive or drive-thru businesses are not permitted by the township.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.676716
    Latitude
    42.23576

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    FAQs

    What type of property is this?
    Commercial land - Ground lease opportunity near national retailers, suitable for various commercial uses.
    Where is this commercial land located?
    The property is located at 3575 Carpenter Rd Ypsilanti, MI.
    What are key features of this property?
    This property features: - Excellent ground lease/build-to-suit (BTS) opportunity.; - Prime location at the SE corner of Carpenter Road & Center Valley Drive.; - Zoned ME, permitting a variety of commercial uses including retail, office, medical, and financial institutions.
    (248) 505-4400
    Request Owner's contact information
    3575 Carpenter Rd Ypsilanti, MI 48197
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    Ypsilanti, MI 48197
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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
    3575 Carpenter Rd Ypsilanti, MI 48197
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