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Property profile & analytics
OFF-MARKET
Commercial land
120 Nancy Dr Ann Arbor, MI 48103-1929
Entity Owned
4-yr Hold
Free & Clear
Property ID
US43-0074556
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1939
Total area
1,255 SF
Lot
1.05 ac (45,738 SF)
Zoning code
C-4
APN
H -08-26-100-005
UPID
US43-0074556
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3745 Jackson Road LLC · 4 yrs held
3745 Jackson Road LLC
since 2021
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
C-4 · Ann Arbor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ann Arbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ann Arbor submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$183,800
Assessed 2024
Previous assessed
$100,800
+82.3% YoY
Total market value
$367,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1939
Heating
NONE
Stories
2
Rooms
4
Bathrooms
2
Total area
1,255 SF
Lot
1.05 ac (45,738 SF)
Zoning code
C-4
APN
H -08-26-100-005
UPID
US43-0074556
Jurisdiction
WASHTENAW
Zoning & alternative use
C-4 · Ann Arbor, MI
Zoning C-4 · permitted uses
C-4 · Ann Arbor, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ann Arbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Heating
NONE
Stories
2
Rooms
4
Bathrooms
2
Lot
1.05 ac
Current owner
From public records · entity-resolved
3745 Jackson Road LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3745 JACKSON RD, ANN ARBOR, MI 48103-1819
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
$400,000
3745 Jackson Road LLC
Dunning Investments LLC
Deed
—
Oct 25, 2013
$257,000
Dunning Investments LLC
Gebott,joseph E
Warranty Deed
—
Jun 20, 2000
$157,500
Joseph E Gebott
Thompson,andrew M & Margaret T
Grant Deed
$141,750 · University Of Michigan Cu
Oct 22, 1991
$77,000
Andrew M Thompson
Draper,martha M
Grant Deed
$61,600 · University Mortgage Service
—
—
Joseph E Gebott
—
Deed Of Trust
related
$10,000 · Michigan Educational Cu
—
—
Joseph Gebott
—
Deed Of Trust
related
$138,385 · University Of Michigan Cu
—
—
Joseph E Gebott
—
Deed Of Trust
related
$133,000 · University Of Michigan Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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