Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1401 Briarwood Cir Ann Arbor, MI 48108-1893
    Back to Search
    Property profile & analytics

    1401 Briarwood Cir, Ann Arbor, MI 48108-1893

    View on Map
    • Commercial real estate
    • 3.70 lot acres
    Off-Market
    Last Sale May 4, 2022
    Property ID
    US43-0978604
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hilton Garden Inn Ann Arbor / Hotel & Motel
    • WW Studio @ Hilton Garden Inn Ann Arbor / Weight Loss Service / Wellness Center

    Property Details for 1401 Briarwood Cir

    Year built
    2011
    Lot size
    3.70 lot acres
    Zone code
    PUD
    Property type
    Commercial real estate
    APN
    09-12-08-200-008
    APU
    91208200008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 28, 2026 — Ann Arbor Mi Owner 1401 LLC — Deed · related $30M
    May 4, 2022 — Ann Arbor Mi Owner 1401 LLC Ann Arbor Lodging Ls LLC Deed —
    Jan 13, 2010 — Ann Arbor Lodging Ls Lc Briarwood II LLC Special Warranty Deed $1.8M · Briarwood II LLC
    Sep 26, 2006 — Briarwood II LLC Mills Super-regional Malls Gp Quit Claim Deed · related —
    Jan 20, 2005 — 8600 Associates Trg Holdings LLC Warranty Deed —
    Sep 30, 1998 — Trg Holdings LLC Taubman Realty Group LP Quit Claim Deed · related —
    Sep 16, 1998 — 8600 Associated LP Briarwood Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7505
    Latitude
    42.2382
    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
    $467,462
    $0.00
    $0.00
    $7,371,500
    -
    $0.00
    $0.00
    $14,743,000

    Comparable in this City

    • Value Estimation by Request
      11,541 SF

      2860-2864 Carpenter Rd

      Office Spaces
      2860-2864 Carpenter Rd, Ann Arbor, MI 48108
      View Details
    • Value Estimation by Request
      4.25 Acres

      3005 Boardwalk St

      COMMERCIAL (GENERAL)
      3005 Boardwalk St, Ann Arbor, MI 48108-5218
      View Details
    • Value Estimation by Request
      5.67 Acres

      2514 Braeburn Cir

      COMMERCIAL (GENERAL)
      2514 Braeburn Cir, Ann Arbor, MI 48108-2602
      View Details
    • Value Estimation by Request
      5.26 Acres

      3008 Braeburn Cir

      COMMERCIAL (GENERAL)
      3008 Braeburn Cir, Ann Arbor, MI 48108-2612
      View Details
    • Value Estimation by Request
      4.29 Acres

      3308 Braeburn Cir

      COMMERCIAL (GENERAL)
      3308 Braeburn Cir, Ann Arbor, MI 48108-2618
      View Details
    • Value Estimation by Request
      2.06 Acres

      500 Eisenhower Pkwy

      COMMERCIAL (GENERAL)
      500 Eisenhower Pkwy, Ann Arbor, MI 48108-3349
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,325 SF

      Modern Office Building in Ann Arbor

      Flexible office building suitable for warehouse, assembly, or recreation.
      5430 Data Ct, Ann Arbor, MI 48108
      View Details
    • $2,000,000

      Retail/Medical/Office Development Opportunity

      New construction retail/medical/office space in Ann Arbor, Michigan.
      5960 S State Rd, Ann Arbor, MI 48108
      View Details
    • Contact for pricing
      48,673 SF

      Ann Arbor Flex/Industrial Property

      48,673 SF flex/industrial property available for sale.
      625 Avis Dr, Ann Arbor, MI 48108
      View Details
    • Contact for pricing

      Ann Arbor Vacant Land

      Vacant land with approved building site plans for sale.
      3785 Varsity Dr, Ann Arbor, MI 48108
      View Details
    • $3,750,000

      5.75 AC Outlot Land

      Prime land outlot, approximately 3.5 miles to Downtown Ann Arbor.
      375-377 West Ellsworth Rd, Ann Arbor, MI 48108
      View Details
    • Contact for pricing

      Three-Story Office Building Near I-94

      37,000 SF office building with abundant windows and individual HVAC.
      4343 Concourse Dr, Ann Arbor, MI 48108
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      32,352 SF

      Ann Arbor Warehouse - 32,352 SF

      Spacious single-tenant warehouse available. Ideal for industrial operations.
      5075 Venture Dr, Ann Arbor, MI 48108
      View Details
    • Contact for pricing

      Professional Office Suite Available

      Well-located office suite with ample parking and easy highway access.
      2860-2864 Carpenter Rd, Ann Arbor, MI 48108
      View Details
    • Contact for pricing
      3,000 SF

      Office Space Available For Rent

      3000 sqft office space for rent in Ann Arbor.
      3879 Packard St, Ann Arbor, MI 48108
      View Details
    • Contact for pricing

      Office/Flex Space in Research Park

      2,318 SF office/flex space for sublease in Ann Arbor.
      3915 Research Park Dr, Ann Arbor, MI 48108
      View Details
    • Contact for pricing
      30,000 SF

      Retail Space Near I-94 Ramp

      Up to 30,000 SF retail space near I-94.
      3900 S State St, Ann Arbor, MI 48108
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1401 Briarwood Cir
    Ann Arbor, MI 48108-1893
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1401 Briarwood Cir, Ann Arbor, MI, 48108
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!