5950 State Rd Ann Arbor, MI 48108
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.