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Property profile & analytics
OFF-MARKET
Office buildings

1145 Ecorse Rd Ypsilanti, MI 48198-5822

2,340 SF 0.16 ac lot Built 1962
Individually Owned 1-yr Hold Free & Clear
Property ID
US43-1201875
Property summary
AI-generated overview

This well-maintained, 2,340 square foot office building is available for purchase at $499,000. Located in Ypsilanti, Michigan, at 1145 Ecorse Road, this single-story, 1962-built property sits on a 0.164-acre lot and is zoned NC - Neighborhood Corridor. Benefitting from Ypsilanti Township taxes, the building offers ample parking and prominent road frontage with signage opportunities. The interior features a versatile floor plan including a large open workspace with abundant natural and recessed lighting, a reception/administrative area, a spacious conference room, private offices, and a restroom (plumbing exists for a second bathroom). Its convenient location provides easy access to US-12/Michigan Avenue and I-94, placing it within close proximity to Willow Run Airport, downtown Ypsilanti, and Eastern Michigan University. Surrounded by established neighborhoods and businesses, this property presents an ideal opportunity for a small business seeking ownership and equity building. The property's APN is K-11-10-461-003. The price per square foot is $213.25. The building is currently vacant.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1962
Total area 2,340 SF
Lot 0.16 ac (6,970 SF)
APN K -11-10-461-003
UPID US43-1201875
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tristate Foundation · 1 yrs held
Tristate Foundation
since 2025
Last sale
$300,000
5 recorded transactions
2025
$300,000
2020
Price N/A
2016
$20,000
2012
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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