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Property profile & analytics
OFF-MARKET
Land

3785 Varsity Dr Ann Arbor, MI 48108

1.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.25-acre parcel presents a remarkable development opportunity in Ann Arbor, Michigan. Located at 3785 Varsity Dr, 48108, this fee-simple owned property boasts M-1 industrial zoning and is situated in a prime location offering easy access to I-94. The site has already received green zone approval and building site plan approval for a 20,000 square foot structure, significantly streamlining the development process. This eliminates the need for extensive permitting and planning, saving valuable time and resources for the prospective buyer. The property's location within Washtenaw County ensures convenient access to a skilled workforce and established infrastructure. This is an ideal opportunity for developers seeking a ready-to-build industrial site in a thriving Michigan market. The 1.25-acre lot provides ample space for a variety of industrial uses, making it a highly attractive investment for those seeking to capitalize on the growing demand for industrial space in the Ann Arbor area. The existing approvals significantly reduce development risk and accelerate the timeline to occupancy. Don't miss this chance to acquire a fully permitted and strategically located industrial land parcel.

Property profile
Verified
Property type Land
Lot 1.25 ac (54,450 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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