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    5960 State Rd Ann Arbor, MI 48108

    Sponsored
    For Sale
    Contact for pricing

    Medical Office Space, Prime Location

    Property size:
    12,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Ann Arbor investment opportunity presents 12,600 square feet of medical office and retail space across two buildings. Boasting brand-new, state-of-the-art construction, the property is fully serviced and ready for immediate interior improvements. Its strategic location directly across from Avis Farms, a thriving high-tech research park with high occupancy and a dense employment base, ensures strong potential for tenant acquisition. The development sits on S. State St., directly in front of the Inglewood subdivision, comprising 106 single-family homes and 86 condominium units, with an additional 220 units planned in Phase II. Recent improvements to Textile Road provide easy access from Michigan Ave (M-12) to S. State Street. Major retailers like Briarwood Mall, Costco, and Walmart are within close proximity. The site offers convenient access to I-94, US-23, Michigan Ave, and M-14, maximizing visibility and accessibility for both patients and employees. Inglewood Park is poised to serve the significant employment base at Avis Farms, including companies such as Federal Mogul, Tetra Tech, and Thomson Reuters, providing a convenient retail and office option for their workforce. This development represents a rare opportunity to acquire a modern, well-situated medical and retail property in a rapidly growing area of Ann Arbor. The property is situated in Washtenaw County, Michigan, with a zip code of 48108.

    Property Features for 5960 State Rd

    General Information

    Property type
    Medical offices
    Square Feet
    12,600 SF

    Building Details

    Buildings
    2

    HighLights

    • 12,600 SF medical office building with retail space in Ann Arbor, MI.
    • Brand new construction with utilities and services in place, ready for tenant improvements.
    • Located across from Avis Farms, a high‑tech research park with strong occupancy.
    • Situated on S. State St., adjacent to a large residential area with significant future growth.
    • Excellent access to major roadways including I‑94, US‑23, Michigan Ave, and M‑14, and nearby retail amenities.
    • Two buildings on the site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -83.733453577673
    Latitude
    42.20195080944

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    FAQs

    What type of property is this?
    Medical office - Medical Office Space, Prime Location
    Where is this medical office located?
    The property is located at 5960 State Rd Ann Arbor, MI.
    What are key features of this property?
    This property features: 12,600 SF medical office building with retail space in Ann Arbor, MI.; Brand new construction with utilities and services in place, ready for tenant improvements.; Located across from Avis Farms, a high-tech research park with strong occupancy.
    Request Owner's contact information
    5960 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
    5960 State Rd Ann Arbor, MI 48108
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