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    5950 State Rd Ann Arbor, MI 48108

    For Sale
    Contact for pricing

    Ann Arbor medical/office retail opportunity.

    Property size:
    12,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Inglewood Park presents a unique investment opportunity in Ann Arbor, Michigan. This brand-new, state-of-the-art retail development comprises two buildings totaling 12,600 square feet, ideally suited for medical or office uses. All utilities and services are in place, allowing for immediate commencement of interior improvements. The property boasts a prime location directly across from Avis Farms, a thriving high-tech research park with a strong occupancy rate and a dense employment base, providing a ready-made customer and tenant pool. Inglewood Park benefits from its strategic placement on South State Street, directly in front of the Inglewood subdivision, which includes 106 single-family homes and 86 condominium units, with an additional 220 units planned for Phase II. The recent improvements to Textile Road ensure easy access from Michigan Avenue (M-12) to South State Street. The site enjoys excellent accessibility to major roadways including I-94, US-23, Michigan Avenue, and M-14, placing it within easy reach of a large consumer base. Major retailers such as Briarwood Mall, Costco, and Walmart are located within the immediate trade area, further enhancing the property's appeal and market potential. This development offers a compelling combination of modern construction, convenient location, and strong surrounding demographics, making it an attractive proposition for discerning investors and businesses.

    Property Features for 5950 State Rd

    General Information

    Property type
    Medical space
    Square Feet
    12,600 SF

    Building Details

    Buildings
    2

    HighLights

    • Brand new, state‑of‑the‑art construction.
    • Utilities and services are available; ready for tenant improvements.
    • Across from Avis Farms, a high‑occupancy, high‑employment tech research park.
    • High‑visibility location on S. State St., fronting Inglewood Subdivision (106 single‑family homes, 86 condos, plus 220 more planned).
    • Excellent access via recently improved Textile Road, connecting directly to M‑12 and S. State Street.
    • Strong retail draw with nearby Briarwood Mall, Costco, and Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.733471410138
    Latitude
    42.202312862662

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    FAQs

    What type of property is this?
    Medical space - Ann Arbor medical/office retail opportunity.
    Where is this medical space located?
    The property is located at 5950 State Rd Ann Arbor, MI.
    What are key features of this property?
    This property features: Brand new, state-of-the-art construction.; Utilities and services are available; ready for tenant improvements.; Across from Avis Farms, a high-occupancy, high-employment tech research park.
    (248) 353-0500
    Request Owner's contact information
    5950 State Rd Ann Arbor, MI 48108
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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
    5950 State Rd Ann Arbor, MI 48108
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