Listing Agency: Matthews

Listed By: Ben Snyder · License #OH# 2018002569

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:51AM

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Investment Insights

Based on property information with market context.

This for-sale retail investment property is presented with an 8.00% cap rate and a total building size of 91,743 SF. The listing is structured as a retail-focused offering for buyers evaluating income potential based on the stated performance metric.

The property is located at 3100 Washtenaw Ave in Ypsilanti, Michigan (48197).

Key Highlights

• 8.00% cap rate
• 91,743 SF total building area
• Retail property for sale in Ypsilanti, MI

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

35

Businesses Nearby

Explore this area Business Placement

Demographics for 48197, MI

67,895

Population

28,649

Households

2.4

Avg Household Size

33

Median Age

47%

College-Educated

94%

High-School Grad

41.2 sq mi

ZIP Area

1,648

Density / Sq Mi

$70,913

Median Household Income

$39,314

Median Earnings

$1,203

Median Rent

$274,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - For sale retail property featuring an 8.00% cap rate and 91,743 SF total building area.

Where is this retail space located?

The property is located at 3100 Washtenaw Ave Ypsilanti, MI.

What are key features of this property?

This property features: 8.00% cap rate; 91,743 SF total building area; Retail property for sale in Ypsilanti, MI