Property profile

3373 E Michigan Ave Ypsilanti, MI 48198

FOR SALE
Mixed-use properties
Property ID
US43-1567154
Built 1993
Individually Owned 3-yr Hold
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Property summary

AI-generated overview

The property is a commercial site covering 1.76 acres with more than 390 feet of frontage on Michigan Avenue. It is fully fenced and secured, with a paved surface made up of asphalt and crushed concrete/gravel. Vehicle access is provided by three curb cuts, and the site is located near an interstate. A 1,700-square-foot building on the premises has been used as a storage facility. The site includes potential for development consistent with its existing lot and access features.

Property profile

Verified
Property type Mixed-use properties
Year built 1993
UPID US43-1567154

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
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement

Location

3373 E Michigan Ave Ypsilanti, MI 48198
Ypsilanti metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2021
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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