Flex Office Suite in
4630-4684 Freedom Drive, Ann Arbor, MI 48108
For Sale
Contact for pricing
Well-located flex office with open floor plan and private entrance.
Property Size5,100 SF
Price / SF$0.00
Days on Market355
Property Features for 4630-4684 Freedom Drive
General Information
Standard status
Size
Property subtype
Zoning
Lease Term
Site & Location
Neighborhood
Properties For Sale
at 4630-4684 Freedom Drive Contact us4660
Size
500 SF
Type
Office Building
Term
Negotiable
4680
Size
2,700 SF
Type
Flex Space
Term
Negotiable
4684
Size
5,100 SF
Type
Flex Space
Term
Negotiable
Listing Agency:
Swisher Commercial
Listed By:
Jeff Evans · License MI #6506045981
(734) 926-0222
Source:
Swishercommercial
Added: Nov 21, 2025
Changed: Oct 26
Last Checked: Nov 10 at 5:52AM
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 flex office suite is available for lease in Pittsfield Township, situated south of the Platt and Ellsworth intersection. The open-plan office space offers convenience and functionality, with proximity to I-94 and US-23. The property features an open office floor plan suitable for collaborative work, a private entrance for independent access, a private restroom, and a storage closet. At-the-door surface parking is available. The lease rate includes gas, electric, water, and internet, subject to tenant usage and security requirements. Located in the Freedom Drive business area in Southeast Ann Arbor, between Ellsworth and Michigan Ave/US-12, the property benefits from close access to major highways and is minutes from downtown Ann Arbor, providing accessibility for staff and clients.
Key Highlights
- Convenient location with easy access to I‑94 and US‑23, and proximity to downtown Ann Arbor.
- Lease rate includes gas, electric, water, and internet.
- Open office floor plan ideal for collaborative work.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,047
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,940
$520.9K
Cap Rate 7%
$372,100
$372.1K
Cap Rate 9%
$289,411
$289.4K
Market Conditions
NOI Build-Up for 5,100 SF
Gross rent
$39.2K $7.68/SF
− Vacancy
−$2.0K −$0.38/SF
EGI
$37.2K $7.30/SF
− OpEx
−$11.2K −$2.19/SF
NOI
$26.0K $5.11/SF
Area
Ann Arbor, MI
Vacancy
5.00%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,940
Cap Rate 7%
$372,100
Cap Rate 9%
$289,411
Alternative Uses
Best Use
Office B
$818.5K
$716.2K – $955.0K
NOI $57,297 @ 7.0% cap
Second Best
Flex RnD
$694.4K
$607.6K – $810.2K
NOI $48,611 @ 7.0% cap
Theoretical Best
Office A
$1.13M
$985.6K – $1.31M
NOI $78,845 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
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Business Placement
Demographics for 48108, MI
26,639
Population
12,508
Households
2.1
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
1,586
Density / Sq Mi
$80,425
Median Household Income
$46,434
Median Earnings
$1,316
Median Rent
$378,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office Units in Ann Arbor
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Well-located flex office with open floor plan and private entrance.
Where is this office unit located?
The property is located at 4630-4684 Freedom Drive Ann Arbor, MI.
What are key features of this property?
This property features: Convenient location with easy access to I‑94 and US‑23, and proximity to downtown Ann Arbor.; Lease rate includes gas, electric, water, and internet.; Open office floor plan ideal for collaborative work.
