Modern Office Unit with
150 JEFFORDS, Dexter, MI 48130
For Sale
$475,000
2019 construction offers private offices, an in-suite bathroom, kitchen, storage, and fiber-optic internet capability.
Property Size1,504 SF
Price / SF$315.82
Days on Market49
Property Features for 150 JEFFORDS
General Information
Standard status
Size
Additional Details
Road Access
Amenities
fiberoptic internet capabilities
Building Details
Year Built
Listing Agency:
Wentworth Real Estate Group
(810) 955-6600
Listed By:
Jaclynn D Sparre
(248) 802-9509
Source:
Jimdehaan
Added: Sep 22
Changed: Nov 2
Last Checked: Nov 8 at 6:01AM
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
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.
This 1,504-square-foot office unit was built in 2019 and includes a private front foyer, primary office area, two enclosed offices, an in-suite bathroom, kitchen, and storage room. The premises also feature epoxy flooring, mechanical blinds, and a covered patio terrace serving the private offices.
Located at 150 JEFFORDS in downtown Dexter, the property sits near Main Street, Mill Creek Park North, and the Border to Border Trailhead. The building is identified as having fiber-optic internet capability, and the HOA reserve is fully funded.
Located at 150 JEFFORDS in downtown Dexter, the property sits near Main Street, Mill Creek Park North, and the Border to Border Trailhead. The building is identified as having fiber-optic internet capability, and the HOA reserve is fully funded.
Key Highlights
- 1,504 SF office unit built in 2019
- Private front foyer, main office, and two private offices
- Covered patio terrace connected to the private offices
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
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
$453,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in Washtenaw County, MI
Properties on Market for Office Units in Washtenaw County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - 2019 construction offers private offices, an in-suite bathroom, kitchen, storage, and fiber-optic internet capability.
Where is this office unit located?
The property is located at 150 JEFFORDS 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: 1,504 SF office unit built in 2019; Private front foyer, main office, and two private offices; Covered patio terrace connected to the private offices
