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    5210 State St Ann Arbor, MI 48108

    Sponsored
    For Lease
    $15 SF/Yr

    60,079 SF Flex Space, Ann Arbor

    Lot size:
    60,079 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional flex facility, totaling 60,079 square feet, presents a unique opportunity in Washtenaw County. Located just five miles south of Ann Arbor's city center, this property offers two available spaces, each encompassing 30,039 square feet, one on the first floor and one on the second. The building boasts a best-in-class design, featuring high-end finishes and an award-winning interior by Hobbs + Black Architects. Ample parking is provided with 60 on-site spaces, ensuring convenient access for employees and clients. Security features include a key fob entrance system. The park-like setting offers a pleasant work environment, while the convenient location provides easy access to I-94 and Route 12, as well as the University of Michigan. The entire building is currently vacant, presenting a rare chance to lease a fully built-out, modern flex space in a highly desirable location. This property is ideal for businesses seeking a prestigious and functional workspace with excellent accessibility and ample parking. The building's design prioritizes both productivity and a comfortable atmosphere. Don't miss this opportunity to secure a prime location for your business's growth and success.

    Property Features for 5210 State St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,079 SF
    Total Rate
    75098.75

    Unit(s) available at that property

    Space
    1st Floor
    Size
    30,039 SF
    Rate per SF
    $15
    Space
    2nd Floor
    Size
    30,039 SF
    Rate per SF
    $15

    HighLights

    • 60,079 SF flex industrial building in Washtenaw County.
    • 60 parking spaces available on‑site.
    • 30,039 SF of first‑floor space available.
    • 30,039 SF of second‑floor space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7363928
    Latitude
    42.2227882

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    FAQs

    What type of property is this?
    Flex space - 60,079 SF Flex Space, Ann Arbor
    Where is this flex space located?
    The property is located at 5210 State St Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 60,079 SF flex industrial building in Washtenaw County.; 60 parking spaces available on-site.; 30,039 SF of first-floor space available.
    Request Owner's contact information
    5210 State St 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
    5210 State St Ann Arbor, MI 48108
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