745 State CirAnn Arbor, MI 48108

  • Industrial properties
  • 53,188 SF
For Lease
$8/SF/YR View listing

Property Details for 745 State Cir

Year built
1977
Lot size
6.92 AC
Property size (Sq ft)
53,188 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
L -12-08-400-029
APU
L1208400029

Description

This Ann Arbor industrial property, located at 745 State Circle, offers 70,383 square feet of flexible space ideal for various industrial and warehouse operations. The single, two-story building features 11,652 square feet of immediately available space, divisible to a minimum of 6,200 contiguous square feet. The property boasts a 16-foot ceiling height, enhancing storage and operational efficiency. Convenient loading and unloading is facilitated by two loading docks and two drive-in doors. Situated in the Washtenaw W of 23 submarket, this location provides easy access to major highways I-94 and US-23, optimizing distribution capabilities. The property benefits from ample natural light, new LED lighting throughout, and on-site power. Secure parking with LED lighting is also available. The property is zoned FB and has an APN of L-12-08-400-029. This well-maintained facility is under local ownership and management, offering a reliable and efficient workspace. The property is conveniently located off State Street in Ann Arbor, Michigan, zip code 48108. This is a multi-tenant building.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,421,888
    Hospitality
    $9,546,393
    Educational
    $7,942,488
    Medical
    $8,215,642
    Retail
    $12,354,980
745 State Cir, Ann Arbor, Michigan
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Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2342
Longitude
-83.7445
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
$59,171
-
-
$1,107,097
-
-
-
$2,214,194

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