Light Industrial Building with
287 Jackson Plaza Ann Arbor, MI 48103
287 Jackson Plaza, Ann Arbor, MI, 48103
$1,400,000
For Sale
$1,400,000
12,000 SF light industrial building with 2,500 SF of office space and a warehouse featuring multiple drive-in and garage doors.
Property Size12,000 SF
Price / SF$116.67
Days on Market50
Property Features for 287 Jackson Plaza
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1985
Listing agency
Swisher Commercial
(734) 358-0354
Listed by
Bart Wise · License ##6502101921
(734) 358-0354
Source
Cpix.resimplifi
Added: Jun 2 Updated: Jul 20 at 11:14PM Checked: Jul 21 at 3:04AM
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 Swisher Commercial
Investment Insights
Based on property information with market context.
287 Jackson Plaza is a 12,000 SF light industrial building that combines approximately 2,500 SF of office space with about 9,500 SF of warehouse area. The warehouse is served by seven 10' x 12' garage doors and two 10' x 14' garage doors, as well as six drive-in doors designed to allow trucks to pull directly inside for loading and unloading. Ceiling heights range from 15 to 20 feet, and the building includes a steel roof. Electrical service includes 200 amps of 3-phase 480V power, and the office areas are air conditioned, with portions of the warehouse partially conditioned as well.
The property is situated on 2.8 acres in Scio Township and provides ample parking and efficient truck circulation. The site is zoned I-1, supporting a range of light industrial, service, fabrication, and contractor-related uses.
The sale includes a multi-tenant setup with four tenants in place and lease expirations in 2028 and 2029. One approximately 4,000 SF suite is currently available for an owner-user or new tenant, and a rent roll is available upon request.
The property is situated on 2.8 acres in Scio Township and provides ample parking and efficient truck circulation. The site is zoned I-1, supporting a range of light industrial, service, fabrication, and contractor-related uses.
The sale includes a multi-tenant setup with four tenants in place and lease expirations in 2028 and 2029. One approximately 4,000 SF suite is currently available for an owner-user or new tenant, and a rent roll is available upon request.
Key Highlights
- 12,000 SF light industrial building with 2,500 SF office and 9,500 SF warehouse
- Warehouse loading flexibility: seven 10' x 12' and two 10' x 14' garage doors plus six drive‑in doors
- Warehouse ceiling heights of 15 to 20 feet for functional industrial use
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.2k | $15.60 |
| − Vacancy | −$11.2k | −$0.94 |
| EGI | $176.0k | $14.66 |
| − OpEx | −$61.6k | −$5.13 |
| NOI | $114.4k | $9.53 |
12,000 SF · lease $15.60/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.93M
$1.69M – $2.25M
NOI $134,816 @ 7.0% cap · market cap 9.63%
Second Best
Flex RnD
$1.63M
$1.43M – $1.91M
NOI $114,379 @ 7.0% cap · market cap 8.17%
Theoretical Best
Office A
$2.65M
$2.32M – $3.09M
NOI $185,518 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Protect Environmental
Social Service Agency
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FAQs
What type of property is this?
Flex space - 12,000 SF light industrial building with 2,500 SF of office space and a warehouse featuring multiple drive-in and garage doors.
Where is this flex space located?
The property is located at 287 Jackson Plaza Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 12,000 SF light industrial building with 2,500 SF office and 9,500 SF warehouse; Warehouse loading flexibility: seven 10' x 12' and two 10' x 14' garage doors plus six drive‑in doors; Warehouse ceiling heights of 15 to 20 feet for functional industrial use
