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Financial
Distress signals
Property profile

2515 Ellsworth Rd Ypsilanti, MI 48197

FOR LEASE
Outlet malls
Property ID
US43-0948209
114,150 SF 12.93 ac lot Built 1992
Last sale May 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
2515 Ellsworth Rd, Ypsilanti, MI 48197 For Lease
$8,350,000 145,000 SF available
2515 Ellsworth Rd, Ypsilanti, MI 48197
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$3.81M

Value estimate

· Oct 2026
$8.35M
$7.52M – $9.19M
Submarket $/SF estimate$8.35M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$115/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$71 – $151

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHTENAW

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.9
Building Supply25.4
Law Firm24.4

Location

2515 Ellsworth Rd Ypsilanti, MI 48197
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $8,435,000
    118,350 SF
    3300 Carpenter Rd
    WHOLESALE OUTLET, DISCOUNT STORE
    3300 Carpenter Rd, Ypsilanti, MI 48197-9612
    View Details
  • Value Estimation
    $9,965,000
    132,290 SF
    5450 Carpenter Rd
    WHOLESALE OUTLET, DISCOUNT STORE
    5450 Carpenter Rd, Ypsilanti, MI 48197-9019
    View Details
  • Value Estimation
    $9,605,000
    135,518 SF
    3900 Carpenter Rd
    WHOLESALE OUTLET, DISCOUNT STORE
    3900 Carpenter Rd, Ypsilanti, MI 48197-9645
    View Details
  • Value Estimation
    $11,460,000
    80,232 SF
    2860 Washtenaw Rd
    WHOLESALE OUTLET, DISCOUNT STORE
    2860 Washtenaw Rd, Ypsilanti, MI 48197-1507
    View Details
  • Value Estimation
    $2,220,000
    31,329 SF
    5565 Merritt Rd
    WHOLESALE OUTLET, DISCOUNT STORE
    5565 Merritt Rd, Ypsilanti, MI 48197-6602
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    37,216 SF
    Multi-Tenant Neighborhood Shopping Center
    Service-oriented retail center near educational, healthcare, and established retail uses with access to US-23 and I-94.
    2864 Washtenaw Avenue, Ypsilanti, MI 48197
    View Details
  • Contact for pricing
    2,756 SF
    Ypsilanti Retail Space Near EMU
    Retail space for sale adjacent to Eastern Michigan University campus.
    707 Cross W, Ypsilanti, MI 48197
    View Details
  • New
    $325,000
    2,580 SF
    Renovated Mixed-Use Building
    Two-story property combines first-floor commercial space with two upper-level apartments.
    108 Pearl Street, Ypsilanti, MI 48197
    View Details
  • Contact for pricing
    2,541 SF
    Newly Renovated Retail Storefront
    Newly renovated retail storefront with acreage and regional connectivity in Ypsilanti’s commercial corridor.
    2 W Forest Ave, Ypsilanti, MI 48197
    View Details
  • New
    Contact for pricing
    1,850 SF
    Historic Downtown Storefront Space
    Commercial space under renovation with exposed brick, hardwood floors, and flexible layout potential.
    50 N Huron Street, Ypsilanti, MI 48197
    View Details
  • New
    Contact for pricing
    Retail Space Near Depot Town
    Retail property located near I-94 and Eastern Michigan University.
    1266-1342 Anna J Stepp Drive |, Ypsilanti, MI 48197
    View Details

Similar Nearby for Lease

  • $15 SF/Yr
    Retail Space on Washtenaw Avenue
    Retail space for rent in well-maintained plaza near US-23.
    2888 Washtenaw Avenue, Ypsilanti, MI 48197
    View Details
  • $15 SF/Yr
    3,076 sqft
    Street Retail Restaurant Space
    Street-level storefront with large windows, basement storage, and sidewalk-facing presence near EMU campus.
    711 W Cross St, Ypsilanti, MI 48197
    View Details
  • $20 SF/Yr
    1,900 sqft
    Brick Retail Space with High Ceilings
    Under renovation with exposed brick, hardwood floors, and flexible space for office, retail, or personal services.
    50 N Huron Street, Ypsilanti, MI 48197
    View Details
  • $15 SF/Yr
    1,560 sqft
    Downtown Storefront Space
    Street-level commercial space with private offices, a dedicated bath, and two kitchenette areas.
    36 N Huron St, Ypsilanti, MI 48197
    View Details
  • $25 SF/Yr
    476 sqft
    Downtown Storefront Retail Space
    Compact retail suite with street frontage, a private accessible bathroom, and separate heating and cooling systems.
    52 N Huron Street, Ypsilanti, MI 48197
    View Details
  • New
    $35 SF/Yr
    New Development Retail Space
    Retail availability includes access from Huron Street and Brinker Way, with an Aldi store across the street.
    1481 S Huron St, Ypsilanti, MI 48197
    View Details
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2515 Ellsworth Rd, Ypsilanti, MI, 48197
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