Current Use by Public Records
- Retail properties & Spaces
Property Details for 5950 State Rd
- Property type
- Retail properties & Spaces
- Property subtype
- Medical space
Description
Inglewood Park presents a unique investment opportunity in Ann Arbor, Michigan. This brand-new, state-of-the-art retail development comprises two buildings totaling 12,600 square feet, ideally suited for medical or office uses. All utilities and services are in place, allowing for immediate commencement of interior improvements. The property boasts a prime location directly across from Avis Farms, a thriving high-tech research park with a strong occupancy rate and a dense employment base, providing a ready-made customer and tenant pool. Inglewood Park benefits from its strategic placement on South State Street, directly in front of the Inglewood subdivision, which includes 106 single-family homes and 86 condominium units, with an additional 220 units planned for Phase II. The recent improvements to Textile Road ensure easy access from Michigan Avenue (M-12) to South State Street. The site enjoys excellent accessibility to major roadways including I-94, US-23, Michigan Avenue, and M-14, placing it within easy reach of a large consumer base. Major retailers such as Briarwood Mall, Costco, and Walmart are located within the immediate trade area, further enhancing the property's appeal and market potential. This development offers a compelling combination of modern construction, convenient location, and strong surrounding demographics, making it an attractive proposition for discerning investors and businesses.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ann Arbor
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.7335
- Latitude
- 42.2023
