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    State St Ann Arbor, MI 48108

    Sponsored
    For Sale
    Contact for pricing

    Prime Ann Arbor industrial/commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Avis Farms South offers exceptional build-to-suit opportunities on several parcels ranging from 2.39 to 47.39 acres in Pittsfield Charter Township, Washtenaw County, Michigan (48108). Located on State Street, this PUD-zoned land presents a unique chance to develop a customized facility. Pricing varies by lot, ranging from $225,000 to $300,000 per acre. Specific lot pricing includes: Lots 2, 3, and 10 at $225,000/acre; Lots 4, 5, and 6 at $275,000/acre; Lot 7 at $300,000/acre; and Lots 8 and 9 at $250,000/acre. The property is ideally suited for a variety of uses, offering flexible configurations for maximum space optimization. Future developments can incorporate features such as extensive glass lines, generous parking (allowing for up to 100% office space), 14-foot high grade-level doors for each unit, and 16-foot clear height in R&D areas. The site is also prepared for wet labs and includes amenities like bicycle staging areas and EV charging stations. This is a rare opportunity to acquire land in a desirable Ann Arbor location with the potential for a highly functional and modern build-to-suit project.

    Property Features for 0 State St

    General Information

    Property type
    Land
    Lot Size
    104,108 SF

    HighLights

    • Avis Farms South Build‑to‑Suit land offering in Pittsfield Charter Twp, MI.
    • PUD zoning.
    • Lot sizes ranging from 2.39 to 47.39 acres.
    • Land prices ranging from $225,000 to $300,000 per acre, varying by lot.
    • Located on State Street, Ann Arbor, MI 48108.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7357425
    Latitude
    42.222475

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    FAQs

    What type of property is this?
    Land - Prime Ann Arbor industrial/commercial land
    Where is this land located?
    The property is located at State St Ann Arbor, MI.
    What are key features of this property?
    This property features: Avis Farms South Build-to-Suit land offering in Pittsfield Charter Twp, MI.; PUD zoning.; Lot sizes ranging from 2.39 to 47.39 acres.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    State St Ann Arbor, MI 48108
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