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Property profile & analytics
OFF-MARKET
Commercial real estate
205 Maple Rd Ann Arbor, MI 48103-2823
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-0972686
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1965
Lot
25.82 ac (1,124,719 SF)
Zoning code
UNKNOWN
APN
09-08-25-102-020
UPID
US43-0972686
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
Current use
Occupant on record · Public records
-
CoreLife Eatery Restaurant
-
T-Mobile Authorized Retailer Telecommunications Service Data Center
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
Burlington Coat Factory Of Texas In · 3 yrs held
Burlington Coat Factory Of Texas In
since 2022
4 recorded transactions
Zoning & alternative use
UNKNOWN · 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
Tax billed
$833,218
Tax year 2023
Assessed value
$16,734,300
Assessed 2024
Previous assessed
$16,833,600
-0.6% YoY
Effective rate
4.98%
On assessed value
Total market value
$33,468,600
Applied tax rate
9.0000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Lot
25.82 ac (1,124,719 SF)
Zoning code
UNKNOWN
APN
09-08-25-102-020
UPID
US43-0972686
Jurisdiction
WASHTENAW
Zoning & alternative use
UNKNOWN · Ann Arbor, MI
Zoning UNKNOWN · permitted uses
UNKNOWN · 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
1965
Heating
FORCED AIR
Lot
25.82 ac
Current owner
From public records · entity-resolved
Burlington Coat Factory Of Texas In
Individual
Free & Clear · 3 yrs held
Mailing address
200 E BROWARD BLVD #1410, FORT LAUDERDALE, FL 33301-1963
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2022
—
Burlington Coat Factory Of Texas In
Brixmor Holdings I Spe LLC
Lease
—
Jul 11, 2007
—
Super Intermediateco LLC
New Plan Excel Realty Trust INC
Quit Claim Deed
related
—
Oct 19, 1994
—
New Plan Realty Trust
Maple Vill Assoc
Grant Deed
related
—
—
—
Ann Arbor Market LLC
—
Deed Of Trust
related
$4,750,000 · Lasalle Bank Midwest NA
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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