Modern Office Unit with Private
For Sale
$475,000
150 Jeffords Unit 102, Dexter, MI 48130
Contemporary office suite with a private foyer, multiple offices, covered patio terrace, and dedicated kitchen and storage.
Property Size1,504 SF
Price / SF$315.82
Days on Market486
Property Features for 150 Jeffords Unit 102
General Information
Standard status
Active
Size
1,504 SF
Property subtype
Commercial
Amenities
fiberoptic internet capabilities
Building Details
Year Built
2019
Listing Agency:
Wentworth Real Estate Group
Listed By:
Jaclynn D Sparre
(248) 802-9509
Source:
Vmrealestatemichigan
Added: Jun 19, 2025
Changed: Oct 1
Last Checked: Oct 16 at 9:19AM
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
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Investment Insights
Based on property information with market context.
Built in 2019, this office unit offers 1,504 square feet with a private front foyer, a primary workspace, and two enclosed offices. The layout also includes an in-suite bathroom, kitchen, storage room, covered patio terrace, epoxy flooring, and high-end mechanical blinds. Fiber-optic internet capability is available through the building’s newer construction, and the property carries Commercial zoning.
The suite is located at 150 Jeffords #102 in downtown Dexter, directly off Main Street. It sits next to Mill Creek Park North and the Border to Border Trailhead, placing the office near established downtown outdoor amenities. The HOA reserve is fully funded.
The suite is located at 150 Jeffords #102 in downtown Dexter, directly off Main Street. It sits next to Mill Creek Park North and the Border to Border Trailhead, placing the office near established downtown outdoor amenities. The HOA reserve is fully funded.
Key Highlights
- 1,504‑square‑foot office unit built in 2019
- Private foyer, primary office area, and two enclosed offices
- Covered patio terrace, in‑suite bathroom, kitchen, and storage room
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.
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Contemporary office suite with a private foyer, multiple offices, covered patio terrace, and dedicated kitchen and storage.
Where is this office units located?
The property is located at 150 Jeffords Unit 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: 1,504‑square‑foot office unit built in 2019; Private foyer, primary office area, and two enclosed offices; Covered patio terrace, in‑suite bathroom, kitchen, and storage room
