1168 Oak Valley DrAnn Arbor, MI 48108

  • Office properties
  • 33,600 SF
For Lease
$9.95/SF/YR View listing

Property Details for 1168 Oak Valley Dr

Year built
2000
Lot size
3.60 AC
Property size (Sq ft)
33,600 SF
Property type
Office properties
Property subtype
Office buildings
APN
L -12-08-305-020
APU
L1208305020

Description

This exceptional single-tenant flex space, totaling 25,004 square feet, is ideally situated in Ann Arbor, Michigan, at 1168 Oak Valley Dr, 48108. The property boasts a modern design with high-end finishes and a beautiful brick exterior, offering a blend of functionality and aesthetic appeal. Located within a business park, it provides immediate access to I-94, ensuring convenient commutes and efficient logistics. The location offers the best of both worlds: a relaxed, rural setting with mature trees, grassy fields, a scenic pond and stream, and minimal traffic, yet it remains minutes from downtown Ann Arbor and the University of Michigan. The property's adjacency to the luxury Valley Ranch residential complex further enhances its desirability. Ample parking is available directly adjacent to the building. The property offers scenic views and a peaceful, quiet road setting. This is a rare opportunity to secure a modern, well-appointed flex space in a highly desirable location. The property is currently available for lease as a single tenant space.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,751,915
    6.5%
    $5,309,460
    7%
    $4,930,212
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,142,944
    Geo Method
    $3,142,944
  • Alternative Use

    Use
    Valuation
    Residential
    $6,583,730
    Hospitality
    $6,030,662
    Educational
    $5,017,440
    Medical
    $5,189,997
    Retail
    $7,804,906
1168 Oak Valley Dr, Ann Arbor, Michigan
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Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2327
Longitude
-83.7497
CBSA code
11460
CBSA name
ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$119,811
-
-
$2,511,926
-
-
-
$5,023,852

FAQs

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