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Property profile & analytics

1209 University Ave Ann Arbor, MI 48104-2596

  • Commercial land
  • 0.16 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1067291
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • S.H.A.R.E. / Non-Profit Organization / Education

Property Details for 1209 University Ave

Year built
1950
Lot size
0.16 lot acres
Zone code
D1
Property type
Commercial land
APN
09-09-28-313-003
APU
90928313003

Description

This exceptional opportunity presents two contiguous parcels totaling 0.249 acres situated in the vibrant heart of Ann Arbor's downtown core, directly adjacent to the University of Michigan campus. The property, identified by APN numbers 09-09-28-313-003 and 09-09-28-313-004, is zoned Downtown Core District (D1), offering significant development potential. Its strategic location is surrounded by a thriving mix of student housing, established retail businesses, and ample public parking, ensuring high visibility and foot traffic. The parcels benefit from the energy and activity of Ann Arbor's downtown, creating an ideal environment for a variety of commercial ventures. This is a ground lease assumption opportunity, presenting two distinct options with individual pricing and terms. All utilities are readily available, simplifying the development process. The cross street is Church Street. This is a single-tenancy property offering a unique chance to establish a presence in one of Michigan's most dynamic and sought-after urban centers. The property's classification as Retail, Office, and Land provides flexibility for diverse development plans.


Value Estimations

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Location Insight

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  • Local Demand
City
Ann Arbor
County
Washtenaw
State
Michigan
Longitude
-83.734
Latitude
42.2753
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
$18,378
$0.00
$0.00
$372,200
-
$0.00
$0.00
$744,400
More about this property
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