78 Jackson Plz Ann Arbor, MI 48103
- Commercial real estate
- 41,373 SF
- 2.63 lot acres
Current Use by Public Records
- TLS Productions Inc. / Stage Lighting Equipment Supplier / Audiovisual Equipment Rental Service
- Imperial Auto Service / Auto Repair Shop
Property Details for 78 Jackson Plz
- Lot size
- 2.63 lot acres
- Property size
- 41,373 SF
- Zone code
- I-1
- Property type
- Commercial real estate
- APN
- H -08-26-110-006
- APU
- H0826110006
Description
This exceptional 41,373-square-foot flex warehouse building presents a compelling owner-user opportunity in Ann Arbor, Michigan. Located at 78 Jackson Plaza, this property sits on a 2.63-acre lot in Scio Township, offering convenient access to I-94. Currently 100% occupied, the building boasts versatile space ideal for a variety of industrial uses. Clear heights range from 14 to 24 feet, complemented by two loading docks, two drive-ins, and four cranes, ensuring efficient operations. The property includes both mezzanine and main-level office areas, providing ample space for administrative functions. Extensive parking is available for employees and visitors. The property is zoned Limited Industrial (I-1), aligning with a range of industrial applications. The asking price is $5,625,000, translating to $135.96 per square foot. The property's APN is H-08-26-110-006. This is a rare opportunity to acquire a well-maintained, centrally located industrial property in a thriving Ann Arbor market. The combination of size, features, and location makes this an attractive investment for businesses seeking to expand or establish a presence in Washtenaw County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,835,000
- 6.5%
- $2,735,000
- 7%
- $2,945,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,695,000
- Geo Method
- $3,105,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,515,000
- Retail
- $2,865,000
- Mixed-Use
- $2,510,000
- Hospitality
- $2,785,000
- Educational
- $3,135,000
- Residential Income
- $3,190,000
- Energy
- $2,455,000
- Income-Based Land
- $3,190,000
- Food Service
- $2,675,000
Location Insight
- Map
- Local Demand
- City
- Ann Arbor
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.803
- Latitude
- 42.2836
- CBSA code
- 11460
- CBSA name
- ANN ARBOR, MI METROPOLITAN STATISTICAL AREA