Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Dexter Office/Service Suite Title is generated by Realmo AI

    7971 Ann Arbor St, Dexter, MI 48130

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Furnished office suite in downtown Dexter, available for rent.

    Type:Office
    Added:
    Jan 6, 2022
    Days on Market:
    1587
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 7971 Ann Arbor St

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    2018

    Spaces For Lease

    at 7971 Ann Arbor St Contact us

    $14 /Mo

    Size
    800 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Jeff Evans
    Jeff Evans

    Listing agent Jeff Evans License #MI 6501248033

    Listing office Swisher Commercial

    Listing date Jan 6, 2022

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Swisher Commercial

    HighLights

    • Prime downtown Dexter location at the corner of Baker and Main, across from Monument Park.
    • Furnished office suite with reception and office desk systems available.
    • Features two private offices, reception area, and private restroom.
    • Hardwood floors and large windows.
    • Includes a small area with refrigerator and microwave.
    • Easy walking distance to shops, restaurants, and downtown businesses.

    Overview

    This office or service-use suite is located in downtown Dexter, at the corner of Baker and Main. The unit is available furnished with reception and office desk systems, or vacant. It features two private offices, a reception area, a private restroom, hardwood floors, large windows, and a small area with a refrigerator and microwave. Municipal street and surface lot parking are available. The location offers easy walking distance to many shops, restaurants, and downtown businesses, and is across from Monument Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Dexter
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.8869646
    Latitude
    42.3367585

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Dexter Retail/Service Space

      Versatile retail/service space in a well-located downtown strip center.
      3219 Broad St, Dexter, MI 48130
      View Details
    • $400/Mo

      Affordable Office Suite For Rent

      Lower-level office suite with shared amenities and convenient location.
      959 Baker Rd, Dexter, MI
      View Details
    • Contact for pricing

      Downtown Dexter Retail/Office Space

      Retail or office space in downtown Dexter with parking.
      8007 Main St, Dexter, MI, 48130
      View Details
    • Contact for pricing

      Adaptable Flex Space in Dexter

      9,588 SF single-story building suitable for various uses.
      2434 Bishop Cir E, Dexter, MI
      View Details
    • Contact for pricing

      Medical/Professional Office in Dexter, MI

      Stand-alone medical/professional office building for sale or lease.
      3060 Baker Rd, Dexter, MI 48130
      View Details
    • Contact for pricing

      Remodeled Flex Space Available

      Remodeled flex space with office, showroom, and warehouse areas.
      7200 Huron River Dr, Dexter, MI, 48130
      View Details
    • Contact for pricing

      Dexter Office Space Available

      26,000 square foot office space for rent in Dexter.
      7322 Newman Blvd, Dexter, MI
      View Details
    • Contact for pricing

      Standalone Industrial Building Sublease Available

      Industrial building for sublease with yard and heavy power.
      800 Baker Rd, Dexter, MI 48130
      View Details
    • Contact for pricing

      Updated Office and Warehouse Space

      14,000 SF freestanding building with updated office and warehouse space.
      1100 Baker Rd, Dexter, MI 48130
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Dexter, Michigan.
      7001 Dexter Ann Arbor Rd, Dexter, MI 48130
      View Details
    • Contact for pricing

      26,000 SF Flex/Office Space

      Flex/office space available with drive-in door, loading dock, generators.
      7322 Newman Blvd, Dexter, MI 48130
      View Details
    • Contact for pricing

      Downtown Dexter Office Space Available

      Office space in a prominent building with on-site parking.
      8031 Main St, Dexter, MI 48130
      View Details

    FAQs

    What type of property is this?
    Office units - Furnished office suite in downtown Dexter, available for rent.
    Where is this office units located?
    The property is located at 7971 Ann Arbor St Dexter, MI.
    What are key features of this property?
    This property features: Prime downtown Dexter location at the corner of Baker and Main, across from Monument Park.; Furnished office suite with reception and office desk systems available.; Features two private offices, reception area, and private restroom.
    (734) 926-0222 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeff Evans
    Jeff Evans
    Real Estate License ID: MI 6501248033
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7971 Ann Arbor St, Dexter, MI 48130
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!