Single-Story Flex Space
For Sale
Contact for pricing
1200-1240 Eisenhower Pl, Ann Arbor, MI 48108
M1-zoned flex space offers private entrances, adjacent parking, strong window lines, and adaptable interiors.
Property Size47,806 SF
Price / SF$0.00
Days on Market376
Property Features for 1200-1240 Eisenhower Pl
General Information
Standard status
Active
Size
47,806 SF
Property subtype
Industrial
Zoning
M1
Building Details
Building Size
47,806 SF
Year Built
1985
Listing Agency:
Oxford Companies
Listed By:
Karen O'Neil
(734) 323-4263
Source:
Cpix.resimplifi
Added: Oct 7, 2025
Changed: Oct 11
Last Checked: Oct 16 at 5:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oxford Companies
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Eisenhower Commerce Center comprises five single-story flex buildings totaling 47,806 square feet. Constructed in 1985, the property offers private entrances, brick exteriors, adjacent parking, substantial window lines, and interiors that can be configured for industrial, laboratory, R&D, or office functions. M1 zoning supports the property’s flex-oriented commercial profile.
The center is positioned along Ann Arbor’s Southside corridor with immediate access to I-94, five minutes from downtown Ann Arbor and U-M, and direct service from The Ride public bus line. The buildings sit within a wooded setting with natural landscaping and are supported by local ownership, professional management, and 24/7 on-call emergency maintenance.
The center is positioned along Ann Arbor’s Southside corridor with immediate access to I-94, five minutes from downtown Ann Arbor and U-M, and direct service from The Ride public bus line. The buildings sit within a wooded setting with natural landscaping and are supported by local ownership, professional management, and 24/7 on-call emergency maintenance.
Key Highlights
- Five‑building flex center totaling 47,806 square feet
- M1 zoning with industrial, laboratory, R&D, and office configurations
- Single‑story buildings with private entrances and adjacent parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$244,155
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,883,100
$4.9M
Cap Rate 7%
$3,487,929
$3.5M
Cap Rate 9%
$2,712,833
$2.7M
Market Conditions
NOI Build-Up for 47,806 SF
Gross rent
$367.2K $7.68/SF
− Vacancy
−$18.4K −$0.38/SF
EGI
$348.8K $7.30/SF
− OpEx
−$104.6K −$2.19/SF
NOI
$244.2K $5.11/SF
Area
Ann Arbor, MI
Vacancy
5.00%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,883,100
Cap Rate 7%
$3,487,929
Cap Rate 9%
$2,712,833
Alternative Uses
Best Use
Office B
$7.67M
$6.71M – $8.95M
NOI $537,086 @ 7.0% cap · market cap 3,580,573.33%
Second Best
Flex RnD
$6.51M
$5.70M – $7.59M
NOI $455,668 @ 7.0% cap · market cap 3,037,786.67%
Theoretical Best
Office A
$10.56M
$9.24M – $12.32M
NOI $739,073 @ 7.0% cap · market cap 4,927,153.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,448
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48108, MI
26,639
Population
12,508
Households
2.1
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
1,586
Density / Sq Mi
$80,425
Median Household Income
$46,434
Median Earnings
$1,316
Median Rent
$378,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - M1-zoned flex space offers private entrances, adjacent parking, strong window lines, and adaptable interiors.
Where is this flex space located?
The property is located at 1200-1240 Eisenhower Pl Ann Arbor, MI.
What are key features of this property?
This property features: Five‑building flex center totaling 47,806 square feet; M1 zoning with industrial, laboratory, R&D, and office configurations; Single‑story buildings with private entrances and adjacent parking
