Property profile

3752 State St Ann Arbor, MI 48108

OFF-MARKET
Retail properties & Spaces
4,485 SF 1.8 ac lot Built 2009
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Property summary

AI-generated overview

This exceptional 4,485-square-foot commercial property, located at 3752 S State St in Ann Arbor, Michigan, presents a unique investment opportunity. Built in 2009, this single-tenant building sits on a spacious 1.8-acre lot in Washtenaw County, offering ample parking and high visibility. Previously a McDonald's, the property is adaptable to a variety of uses, including medical office, creative office, retail, or service-based businesses. The open floor plan provides flexibility for customization, allowing businesses to create a space perfectly suited to their operational needs. The property's classification as both retail and office space broadens its appeal to a wider range of potential tenants. Its single-story design offers convenient accessibility. The property's location in Ann Arbor, a thriving Michigan city, ensures high traffic and exposure. This is an excellent opportunity to acquire a well-situated, versatile commercial space in a desirable location. The property's size and layout make it ideal for businesses seeking a prominent presence in a busy area. The ample parking ensures convenient access for clients and employees. This property offers a blend of functionality and prime location, making it an attractive option for a variety of commercial ventures. The 2009 construction ensures relatively modern building systems and infrastructure.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2009
Total area 4,485 SF
Lot 1.8 ac (78,408 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3752 State St Ann Arbor, MI 48108
Ann Arbor metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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