Technical
Financial
Distress signals
Property profile

1923 Geddes Ave Ann Arbor, MI 48104

OFF-MARKET
Other commercial real estate
Property ID
US43-0995162
0.53 ac lot Built 1923
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

A brick office-and-rooming property located about one block from the Arb, situated on a large double lot with parking. The entry level includes a foyer/lobby with conference rooms and offices, refinished hardwood flooring, and finishes including fresh paint and updated light fixtures. A grand hall with soaring ceilings, a wood-burning fireplace, and natural light serves as a central interior feature. The upper level provides 13 private offices, with fresh paint, new carpet, and updated light fixtures. A lower walk-out level includes open areas configured for uses such as a dining hall or gathering spaces, along with an updated kitchen with included appliances and efficient mechanical systems. The building is intended for office and rooming use.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1923
Lot 0.53 ac (23,000 SF)
Zoning code R2A
APN 09-09-28-401-009
UPID US43-0995162

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Vocational School
  • Association / Organization
  • Association Or Organization

Location

1923 Geddes Ave Ann Arbor, MI 48104-1797
Ann Arbor metro Census 405300 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2026
1 recorded transaction
2026
$1.5M

Zoning & alternative use

R2A · Ann Arbor, MI
Zoning description

R2A Two-Family Dwelling District This district is intended to provide residential areas in the City that are suitable for two-family dwellings. The district is intended to create areas of essentially single-family reside…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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