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    1201 Ellsworth Rd Ann Arbor, MI 48108

    Sponsored
    For Lease
    $6 SF/Yr

    Modern flex space, ideal for tech or storage.

    Lot size:
    37,709 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 37,709-square-foot industrial property, situated on a 5.6-acre lot in Washtenaw's West of 23 submarket, presents a unique leasing opportunity. Built in 1980 and extensively renovated in 2023, this single-story building offers 13,700 square feet of immediately available space, with a total rentable area ranging from 4,881 to 13,282 square feet. The space boasts a generous 14-15 foot clear ceiling height, making it suitable for a variety of uses. Power is robust, featuring 2000 amps at 240 volts. To enhance functionality, the landlord will install a new grade-level overhead door. The property is fully heated and air-conditioned and includes new LED lighting. Conveniently located minutes from the I-94/State Street interchange, downtown Ann Arbor, the University of Michigan, and numerous amenities, this property is zoned M-1, Light Industrial. Ample parking is available with 48 spaces. The lease rate is $6.95 per square foot, NNN. This property is perfect for businesses seeking modern, efficient, and well-located space in a thriving area. The cross streets are between State Street and Stone School Road.

    Property Features for 1201 Ellsworth Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,709 SF
    Total Rate
    21839.8

    Building Details

    Year Built/Renovated
    1980/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available space
    Size
    13,282 SF
    Rate per SF
    $6

    HighLights

    • 37,709 SF industrial building, 13,700 SF vacant, on a 5.6‑acre lot.
    • Single‑tenant flex/R&D space available, ranging from 4,881 to 13,282 square feet.
    • Ideal for storage or high‑tech uses, featuring 14‑15 foot clear ceiling heights.
    • Robust power supply: 2000 amps, 240 volts.
    • Landlord will install a new grade‑level overhead door.
    • Fully heated and air‑conditioned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Michigan Works Employment Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7234833
    Latitude
    42.2305771

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    FAQs

    What type of property is this?
    Life science property - Modern flex space, ideal for tech or storage.
    Where is this life science property located?
    The property is located at 1201 Ellsworth Rd Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 37,709 SF industrial building, 13,700 SF vacant, on a 5.6-acre lot.; Single-tenant flex/R&D space available, ranging from 4,881 to 13,282 square feet.; Ideal for storage or high-tech uses, featuring 14-15 foot clear ceiling heights.
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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
    1201 Ellsworth Rd Ann Arbor, MI 48108
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