Healthcare Rehabilitation Center
For Sale
$2,699,000
4765 Jackson Road, Ann Arbor, MI 48103
For-sale healthcare rehabilitation center located at 4765 Jackson Road in Ann Arbor, supporting a locally driven health services economy.
Property Size8,200 SF
Days on Market100
Property Features for 4765 Jackson Road
General Information
Standard status
Active
Size
8,200 SF
Property subtype
Other - Special Purpose
Building Details
Building Size
8,200 SF
Year Built
1986
Year Renovated
2016
Listing Agency:
Encore Real Estate Investment Services
(248) 702-0288
Listed By:
Deno Bistolarides · License #6502378067
Source:
Commercialcafe
Added: May 14
Changed: Aug 19
Last Checked: Aug 18 at 5:52AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This for-sale healthcare rehabilitation center property is located at 4765 Jackson Road in Ann Arbor, Michigan. The available information identifies the asset as a healthcare and rehabilitation-focused commercial real estate offering, positioned to serve demand tied to the region’s health services and related industries.
Ann Arbor is the county seat of Washtenaw County and the principal city of the Ann Arbor Metropolitan Statistical Area, encompassing all of Washtenaw County. The local economy is significantly shaped by the University of Michigan, which enrolls approximately 48,000 students annually and employs about 30,000 workers, including about 12,000 in the medical center. Other major components include high tech, health services, and biotechnology, along with numerous medical offices, laboratories, and associated companies.
As a result, the property benefits from an area profile built around education, research, and healthcare employment, providing a practical market backdrop for healthcare-oriented facilities.
Ann Arbor is the county seat of Washtenaw County and the principal city of the Ann Arbor Metropolitan Statistical Area, encompassing all of Washtenaw County. The local economy is significantly shaped by the University of Michigan, which enrolls approximately 48,000 students annually and employs about 30,000 workers, including about 12,000 in the medical center. Other major components include high tech, health services, and biotechnology, along with numerous medical offices, laboratories, and associated companies.
As a result, the property benefits from an area profile built around education, research, and healthcare employment, providing a practical market backdrop for healthcare-oriented facilities.
Key Highlights
- Healthcare rehabilitation center for sale located at 4765 Jackson Road in Ann Arbor
- Built in 1986
- Property described as supporting a locally driven health services economy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$87,852
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,757,040
$1.8M
Cap Rate 7%
$1,255,029
$1.3M
Cap Rate 9%
$976,133
$976.1K
Market Conditions
NOI Build-Up for 8,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$157.4K $19.20/SF
− Vacancy
−$11.0K −$1.34/SF
EGI
$146.4K $17.86/SF
− OpEx
−$58.6K −$7.14/SF
NOI
$87.9K $10.71/SF
Area
Ann Arbor, MI
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,757,040
Cap Rate 7%
$1,255,029
Cap Rate 9%
$976,133
Alternative Uses
Best Use
Healthcare Medical
$1.26M
$1.10M – $1.46M
NOI $87,852 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,771 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Explore this area
Business Placement
Demographics for 48103, MI
55,605
Population
25,511
Households
2.2
Avg Household Size
40
Median Age
75%
College-Educated
97%
High-School Grad
66.5 sq mi
ZIP Area
836
Density / Sq Mi
$115,513
Median Household Income
$65,698
Median Earnings
$1,760
Median Rent
$455,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Rehabilitation center - For-sale healthcare rehabilitation center located at 4765 Jackson Road in Ann Arbor, supporting a locally driven health services economy.
Where is this rehabilitation center located?
The property is located at 4765 Jackson Road Ann Arbor, MI.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: Healthcare rehabilitation center for sale located at 4765 Jackson Road in Ann Arbor; Built in 1986; Property described as supporting a locally driven health services economy
