Downtown Dexter Office Space For
For Sale
$475,000
150 JEFFORDS 102, Dexter, MI 48130
Modern office space in downtown Dexter with high-end finishes.
Property Size1,504 SF
Lot Size0.03 Acres
Days on Market312
Property Features for 150 JEFFORDS 102
General Information
Standard status
Active
Size
1,504 SF
Lot size
0.03 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,017
Building Details
Building Size
1,504 SF
Listing Agency:
Wentworth Real Estate Group
Listed By:
Andrew Belson · License #6501370141
(810) 923-4297
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 21
Last Checked: Oct 5 at 5:10PM
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 Wentworth Real Estate Group
Investment Insights
Based on property information with market context.
This office space, constructed in 2019, is available for sale in downtown Dexter. The 1,504 square foot office features a private front foyer, a main office space, two private offices with a covered patio terrace, an in-suite bathroom, a kitchen, and a storage room. Interior features include high-end mechanical blinds and epoxy floors. The building is located off Main Street, adjacent to Mill Creek Park North and the Border to Border Trailhead, and is the only building in Dexter with fiberoptic internet capabilities. The location benefits from high traffic. The HOA reserve is fully funded.
Key Highlights
- High traffic downtown location near Main Street, Mill Creek Park, and Border to Border Trailhead.
- Fiberoptic internet capabilities (only building in Dexter with this).
- Modern construction (built in 2019).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,201
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,020
$464.0K
Cap Rate 7%
$331,443
$331.4K
Cap Rate 9%
$257,789
$257.8K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$36.1K $24.00/SF
− Vacancy
−$5.2K −$3.43/SF
EGI
$30.9K $20.57/SF
− OpEx
−$7.7K −$5.14/SF
NOI
$23.2K $15.43/SF
Area
Washtenaw County, MI
Vacancy
14.30%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,020
Cap Rate 7%
$331,443
Cap Rate 9%
$257,789
Alternative Uses
Best Use
Office B
$331.4K
$290.0K – $386.7K
NOI $23,201 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$441.9K
$386.7K – $515.6K
NOI $30,934 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 48130, MI
16,469
Population
6,316
Households
2.6
Avg Household Size
43
Median Age
67%
College-Educated
98%
High-School Grad
64.0 sq mi
ZIP Area
257
Density / Sq Mi
$131,875
Median Household Income
$56,550
Median Earnings
$1,681
Median Rent
$453,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Modern office space in downtown Dexter with high-end finishes.
Where is this office units located?
The property is located at 150 JEFFORDS 102 Dexter, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: High traffic downtown location near Main Street, Mill Creek Park, and Border to Border Trailhead.; Fiberoptic internet capabilities (only building in Dexter with this).; Modern construction (built in 2019).
