West Ann Arbor Office
For Sale
Contact for pricing
4119 Jackson, Ann Arbor, MI 48103
Second-level office space near Ann Arbor Auto Mall.
Property Size1,300 SF
Price / SF$0.96
Days on Market244
Property Features for 4119 Jackson
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Office
Zoning
I-1 Limited Industrial
Lease Term
Plus Utilities
Properties For Sale
at 4119 Jackson
Second Level Suite
Size
1,300 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Swisher Commercial
Listed By:
Jeff Evans · License #MI #6506045981
(734) 926-0222
Source:
Swishercommercial
Added: Feb 26
Changed: Oct 25
Last Checked: Oct 28 at 4:54AM
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
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Investment Insights
Based on property information with market context.
This 1,300-square-foot office space is located west of Wagner Road, across from the Ann Arbor Auto Mall. Situated on the second floor, the suite features a mostly open layout with two private offices, a kitchenette, and a private restroom. The space benefits from abundant natural light and includes two entry points via interior and exterior stairwells. Parking includes three spaces directly at the door, with additional on-site overflow parking available.
Key Highlights
- Great location across from the Ann Arbor Auto Mall
- Affordable office space
- 1,300 sf second floor suite**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,605
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,100
$292.1K
Cap Rate 7%
$208,643
$208.6K
Cap Rate 9%
$162,278
$162.3K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$22.8K $17.52/SF
− Vacancy
−$3.3K −$2.54/SF
EGI
$19.5K $14.98/SF
− OpEx
−$4.9K −$3.74/SF
NOI
$14.6K $11.23/SF
Area
Ann Arbor, MI
Vacancy
14.50%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,100
Cap Rate 7%
$208,643
Cap Rate 9%
$162,278
Alternative Uses
Best Use
Office B
$208.6K
$182.6K – $243.4K
NOI $14,605 @ 7.0% cap · market cap 1,168.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$287.1K
$251.2K – $335.0K
NOI $20,098 @ 7.0% cap · market cap 1,607.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 48103, MI
55,605
Population
25,511
Households
2.2
Avg Household Size
40
Median Age
75%
College-Educated
97%
High-School Grad
66.5 sq mi
ZIP Area
836
Density / Sq Mi
$115,513
Median Household Income
$65,698
Median Earnings
$1,760
Median Rent
$455,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Second-level office space near Ann Arbor Auto Mall.
Where is this office unit located?
The property is located at 4119 Jackson Ann Arbor, MI.
What are key features of this property?
This property features: Great location across from the Ann Arbor Auto Mall; Affordable office space; 1,300 sf second floor suite**
