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Property profile & analytics

213 Aprill Dr Ann Arbor, MI 48103-1903

  • Commercial real estate
  • 3,840 SF
  • 2.34 lot acres
OFF-MARKET
Last Sale
May 20, 2025
$675,000
Value Estimations
$655,000
Show details
Cap Rate Potential
7%
Commercial real estate
Location Intelligence
Property ID
US43-0458108
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

  • Fox's Towing / Auto Repair Shop
  • Auto Tech Center / Auto Repair Shop

Property Details for 213 Aprill Dr

Lot size
2.34 lot acres
Property size
3,840 SF
Zone code
I-1
Property type
Commercial real estate
APN
H -08-26-100-019
APU
H0826100019

Description

This exceptional opportunity presents the chance to acquire a well-established, profitable auto repair business and its accompanying real estate in Ann Arbor, Michigan. The business, Auto Tech, boasts a long-standing reputation (over three decades) and serves the greater Ann Arbor area. The property includes a 4,752 square foot building situated on a spacious 2.3-acre lot, providing ample parking. The building features a welcoming customer area with a retail space, lobby, reception desk, private office, and a combined meeting room/kitchen. The shop itself is equipped with abundant natural light, a bay door, high ceilings, a restroom, a compressor, and four hoists. The property is zoned I-1 and its address is 213 Aprill Dr, Ann Arbor, MI 48103. The location is highly advantageous, offering easy access to Jackson Road, I-94, downtown Ann Arbor, and Dexter. Proximity to established retail, office spaces, industries, and residential areas, including a nearby approved large-scale residential development, ensures continued growth potential. The asking price for the complete package – real estate, business, and equipment – is $995,000. This represents a compelling investment opportunity in a high-traffic, strategically located area. The property's parcel number is H-08-26-100-019.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $645,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $750,000
    6.5%
    $695,000
    7%
    $645,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $623,000
    Market price range: $304k - $751k
    AI Estimate
    $623,000
    Market price range: $304k - $751k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $540,000
    Current use
    OFFICE BUILDING
    $580,000
    Change: +7% Conversion: Easy
    RETAIL STORES
    $440,000
    Change: -18% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Ann Arbor
County
Washtenaw
State
Michigan
Longitude
-83.8067
Latitude
42.2821
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
$0.00
$0.00
$0.00
$250,000
-
$0.00
$0.00
$500,000
More about this property
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