Technical
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Property profile

2201 Medford Rd Ann Arbor, MI 48104

FOR SALE
Commercial real estate
Property ID
US43-1255029
2,010 SF 0.26 ac lot Built 1958
Entity Owned 12-yr Hold ~ Est. High Equity
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For Sale
$696,000 2,010 SF
2201 Medford Rd, Ann Arbor, MI 48104
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Property summary

AI-generated overview

This exceptional single-tenant office building, located at 2201 Medford Rd in Ann Arbor, Michigan, presents a unique opportunity for businesses seeking a convenient and functional workspace. The property boasts a total of 2,275 square feet, all currently vacant and ready for immediate occupancy. Built in 1958, this single-story building is classified as Class C and sits on a 0.26-acre lot. The layout includes six individual offices and a spacious lobby, providing ample room for a variety of business configurations. The property is zoned for office use and features 14 parking spaces, ensuring convenient access for employees and clients. The building's address is 2201 Medford Rd, Ann Arbor, MI 48104, within Washtenaw County. Its convenient location offers easy access to local amenities and major transportation routes. The property's Assessed Parcel Number (APN) is 09-12-03-213-002. This is an ideal opportunity for a business seeking a well-maintained, single-tenant office space in a desirable Ann Arbor location. The entire building is available, offering flexibility and control over the workspace. The ample parking further enhances the property's appeal. This property is ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1958
Total area 2,010 SF
Lot 0.26 ac (11,413 SF)
Zoning code O
APN 09-12-03-213-002
UPID US43-1255029

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center

Location

2201 Medford Rd Ann Arbor, MI 48104
Ann Arbor metro Census 405200 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$551k
Blend (final) Blend
$305k

Owner & transaction history

since 2014
2 recorded transactions
2014
$290,000
1969
Price N/A

Zoning & alternative use

O · Ann Arbor, MI
Zoning description

O Office District This district is intended primarily for office buildings. The Office district classification will be applied as a transitional use buffer between residential uses and nonresidential and special purpose…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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