3174 Packard St, Ann Arbor, MI 48108
Medical building for sale, near Eastern Michigan University.
- Added:
- Feb 23, 2026
- Days on Market:
- 128
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 3174 Packard St
General Information
- Standard status
- Active
- Size
- 6,100 SF
- Property subtype
- Office, Retail
Listing office ParaSell Inc
Listing date Feb 23, 2026
Source Crexi
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 ParaSell Inc
HighLights
- STNL Medical investment opportunity
- High traffic location with 27k VPD
- Conveniently located 10 Mi. to Eastern MI University
Overview
Local Financial Insights For Retail
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 | $109.8k | $18.00 |
| − Vacancy | −$6.6k | −$1.08 |
| EGI | $103.2k | $16.92 |
| − OpEx | −$31.0k | −$5.08 |
| NOI | $72.2k | $11.84 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Washtenaw Veterinary Hospital — 2729 Packard St, Ann Arbor, MI 48108
Location Insight
- Map
- Local Demand
- City
- Ann Arbor
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.695332
- Latitude
- 42.244767
