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Property profile & analytics
OFF-MARKET
Commercial real estate

2301 Commonwealth Blvd Ann Arbor, MI 48105-2967

5.73 ac lot Built 1990
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-0924103
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Lot 5.73 ac (249,599 SF)
Zoning code RE
APN 09-09-14-302-061
UPID US43-0924103
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
  • Chou Kelvin L MD Physician
  • Barbas Nancy R MD Physician
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
First Prop Associates LLC · 8 yrs held
First Prop Associates LLC
since 2017
4 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RE · Ann Arbor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RE Research District A. Purpose Statement This district is intended for research facilities to serve the needs of commerce, industry, business, and education. The prime characteristics of this district are the low intensity of land coverage, campus-like developments, preservation of significant natural features, and the absence of nuisance factors such as ex…

Zone name Research
General category COMMERCIAL
Zone area 146.41 ac
Source udc edition 11a 8 10 25
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