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Property profile & analytics
OFF-MARKET
Office buildings

2830 Michigan Ave Ypsilanti, MI 48198-6048

1,160 SF 5.07 ac lot
Entity Owned 9-yr Hold Free & Clear
Property ID
US43-1914481
Property summary
AI-generated overview

This exceptional 1,160 square foot industrial property in Ypsilanti, Michigan, presents a compelling investment opportunity. Situated on a generous 5.07-acre lot, this property boasts nearly 500 feet of frontage on Michigan Avenue, providing unparalleled visibility and accessibility. The expansive, fenced gravel lot offers ample space for storage, equipment, or future development. A 1200 square foot office building is included on the site, providing immediate workspace. The property's strategic location offers excellent east/west access via Michigan Avenue and I-94, ensuring seamless transportation and logistics. The flexible zoning allows for a wide range of potential uses, making this property ideal for businesses seeking a versatile and strategically located space. For detailed zoning information, please consult the provided link: https://library.municode.com/mi/ypsilanti_charter_township,_ (washtenaw_co.)/codes/code_of_ordinances?nodeId=COOR_APXAZO_ARTVFOBADI. This property is priced at $1,500,000 and represents a rare chance to acquire a significant industrial asset in a high-demand area. The combination of size, location, and zoning flexibility makes this an exceptional opportunity for a discerning buyer.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 1,160 SF
Lot 5.07 ac (220,849 SF)
APN K -11-01-300-018
UPID US43-1914481
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
  • Commercial Truck Place Car Dealership
  • DNA Logistics Logistics Company Freight Service
  • nanak real estate Corporate Office
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Nanak Real Estate LLC · 9 yrs held
Nanak Real Estate LLC
since 2017
7 recorded transactions
2017
$290,000
2017
Price N/A
2010
Price N/A
2009
Price N/A
2007
Price N/A
2004
$900,000
2003
$12,300
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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