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Property profile & analytics
OFF-MARKET
Commercial real estate

3020 Lohr Rd Ann Arbor, MI 48108

1 ac lot
Entity Owned 3-yr Hold
Property ID
US43-2530604
Property summary
AI-generated overview

This exceptional one-acre commercial land parcel presents a unique investment opportunity in Ann Arbor, Michigan. Situated on the south side of Lohr Road, east of Ann Arbor-Saline Road in Pittsfield Township, this property offers unparalleled access to a thriving retail environment. The site is ideally positioned as a pad site to the high-volume Waters Place Shopping Center, anchored by major retailers such as Meijer, Kohl's, Best Buy, and Dick's Sporting Goods. This prime location benefits from its proximity to a dense concentration of national retailers and high-volume restaurants, including Target, OfficeMax, PetSmart, Whole Foods, ULTA, REI, Party City, McDonald's, Outback Steakhouse, Olive Garden, Red Robin, Applebee's, PF Chang's, and Bravo!. Further enhancing its desirability, the property is directly across I-94 from Briarwood Mall, a high-performing shopping center boasting approximately $550 per square foot in sales. The property is zoned for Form Based Mixed-Use development. Flexible options are available, including outright sale, ground lease, and build-to-suit opportunities to accommodate diverse development plans. This is an exceptional chance to capitalize on a highly sought-after location within Ann Arbor's key regional trade area. The address is 3020 Lohr Rd, Ann Arbor, MI 48108.

Property profile
Verified
Property type Commercial real estate
Lot 1 ac (43,560 SF)
UPID US43-2530604
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La-Z-Boy Home Furnishings & Décor Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
I Arbor LLC · 3 yrs held
I Arbor LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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