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    310 Ann St Ann Arbor, MI 48104

    Sponsored
    For Sale
    $7,900,000

    Prime Downtown Ann Arbor Acreage

    Property size:
    42,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.96-acre property at 310 W Ann St, Ann Arbor, MI 48104, presents a rare redevelopment opportunity in a vibrant downtown location. The 42,000 square foot site is listed at $7,900,000 ($188.10/sq ft) and is zoned D-2 (Downtown District), making it ideal for various high-value developments. Its strategic location between Huron and Miller Streets offers easy access to M-14 via N Main Street, providing excellent connectivity. The property's proximity to the heart of downtown Ann Arbor ensures convenient access to a wealth of dining, entertainment, and cultural attractions. This prime real estate is perfect for multi-family housing projects, catering to the growing demand for downtown living, or hospitality ventures, capitalizing on Ann Arbor's appeal to tourists and business travelers. The substantial scale of this land parcel, rarely available in such a sought-after urban setting, presents developers with an unparalleled chance to create a landmark project that will significantly contribute to Ann Arbor's skyline. Whether the vision is luxury apartments, a boutique hotel, or a mixed-use development, this property offers the potential to become a cornerstone of Ann Arbor's future. The property is within walking distance of courthouses and a bus line.

    Property Features for 310 Ann St

    General Information

    Property type
    Multifamily properties
    Square Feet
    42,000 SF

    HighLights

    • Premiere development opportunity in downtown Ann Arbor.
    • 0.96‑acre site on Ann Street between Huron and Miller Streets.
    • Easy access to M‑14 via North Main Street.
    • Walking distance to dining, entertainment, courthouses, and public transportation.
    • Zoned D‑2 (Downtown District).
    • Ideal for multi‑family or hospitality development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.751631279442
    Latitude
    42.282456657194

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    FAQs

    What type of property is this?
    Multifamily property - Prime Downtown Ann Arbor Acreage
    Where is this multifamily property located?
    The property is located at 310 Ann St Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $7,900,000.
    What are key features of this property?
    This property features: Premiere development opportunity in downtown Ann Arbor.; 0.96-acre site on Ann Street between Huron and Miller Streets.; Easy access to M-14 via North Main Street.
    Request Owner's contact information
    310 Ann St Ann Arbor, MI 48104
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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
    310 Ann St Ann Arbor, MI 48104
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