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    State St Ann Arbor, MI 48108

    Sponsored
    For Sale
    $495,000

    6.16 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.16-acre commercial and industrial land parcel presents a unique development opportunity in Ann Arbor, Michigan. Located in the BD (Business District) zoning area of Pittsfield Township, this property boasts 287 feet of frontage on South State Street, offering excellent visibility and accessibility. Its strategic location places it between Ellsworth and Morgan Roads, providing convenient proximity to the Ann Arbor Airport and easy access to I-94 via the State Street interchange. The property's permitted zoning allows for a variety of uses, including office, research, and commercial development, making it an ideal site for a wide range of projects. The parcel is privately owned and identified by APN L-12-16-300-003. With its substantial size, prime location, and versatile zoning, this land offers significant potential for investors and developers seeking a high-impact project in a thriving Ann Arbor market. The asking price is $495,000. This is a rare opportunity to acquire a large, well-situated parcel in a highly desirable area. Don't miss out on this chance to build your vision in a dynamic and growing community.

    Property Features for 0 State St

    General Information

    Property type
    Land
    Lot Size
    268,330 SF

    HighLights

    • Pittsfield Township location.
    • 6.16‑acre development opportunity.
    • Zoned for office, research, and commercial uses.
    • Prime location between Ellsworth and Morgan Roads, near Ann Arbor Airport.
    • 287 feet of frontage on South State Street.
    • Easy I‑94 access via State Street interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7390243
    Latitude
    42.2410862

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    FAQs

    What type of property is this?
    Land - 6.16 Acres, Prime Development Site
    Where is this land located?
    The property is located at State St Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Pittsfield Township location.; 6.16-acre development opportunity.; Zoned for office, research, and commercial uses.
    Request Owner's contact information
    State St Ann Arbor, MI 48108
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    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
    State St Ann Arbor, MI 48108
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