Property profile

2217 Packard St Ste 15 Ann Arbor, MI 48104

OFF-MARKET
Commercial real estate
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Property ID
US43-0889600
1,425 SF 1.44 ac Built 1954
Last sale Sep 2025·$232,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$147k
Effective rate5.03%

Value estimate

· Nov 2026
$260k
$234k – $286k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$198/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$102 – $310
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
O
O Office District This district is intended primarily for office buildings. The Office district classification will be applied as a trans...
General categoryCOMMERCIAL
JurisdictionWASHTENAW

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery10.7
Tailor Shop9.9
Barber Shop9.8

Location

2217 Packard St Ste, Unit 15 Ann Arbor, MI 48104-5702
County assessor Recorded deeds · 6 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
221 Main, Ann Arbor, MI 48104-2105 $3,300,000 Feb 2026 No data
906 Packard, Ann Arbor, MI 48104-3841 $880,000 Feb 2026 No data
2500 Packard, Ann Arbor, MI 48104-6827 $2,500,000 Feb 2026 No data
1401 Golden, Ann Arbor, MI 48104-4394 $1,050,000 Dec 2025 No data
2361 Stadium, Ann Arbor, MI 48104-4810 $1,100,000 May 2025 3,500 SF
401 Main, Ann Arbor, MI 48104-1157 $399,000 Dec 2024 1,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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