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    3825 Carpenter Rd Ypsilanti, MI 48197
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    Property profile & analytics

    3825 Carpenter Rd Ypsilanti, MI 48197


    • Retail space
    • 222,002 SF
    • 26.04 lot acres
    Retail Space Inside Meijer For Lease
    $19,405,000

    Retail Space Inside Meijer

    Prime retail opportunity within high-traffic Meijer stores in the Midwest.

    3825 Carpenter Rd, Ypsilanti, MI 48197
    View Listing
    Property ID
    US43-1735862
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • VetIQ Petcare / Veterinary Clinic
    • Meijer / Electronics & Wireless Store
    • Meijer Pharmacy / Pharmacy
    • Coinstar / Bank / Credit Union
    • Meijer’s / Grocery & Convenience Store / Food Market

    Property Details for 3825 Carpenter Rd

    Year built
    1971
    Lot size
    26.04 lot acres
    Property size
    222,002 SF
    Property type
    Retail space
    APN
    L -12-12-300-035
    APU
    L1212300035

    Description

    This exceptional retail leasing opportunity presents two available spaces within a high-traffic Meijer store in Ypsilanti, Michigan, at 3825 Carpenter Rd, 48197. The spaces range from 592 to 1,018 square feet and are classified as Class B retail. These prime, front-of-store locations offer unparalleled visibility and access to thousands of weekly customers, maximizing exposure for your business. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM charges, and utilities, simplifying your operational costs. Strategic placement ensures maximum customer interaction, while interior and exterior signage opportunities enhance brand visibility. The property benefits from exceptional demographics within a thriving trade area. This "Store-Within-A-Store" concept is ideal for a variety of businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. The location's high foot traffic and established customer base provide a significant advantage for growth. This is a unique opportunity to establish your business within one of the Midwest's most recognizable retail destinations. The property is situated in a convenient location in Ypsilanti, Michigan, offering easy access for customers. Multiple vacancies exist in Meijer stores across key Midwest markets.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $19,405,000
      Market price range: $15.7M - $33.6M
      AI Estimate
      $19,405,000
      Market price range: $15.7M - $33.6M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $25,530,000
      Current use
      COMMERCIAL (GENERAL)
      $30,020,000
      Change: +18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6773
    Latitude
    42.2333
    CBSA code
    11460
    CBSA name
    ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $384,248
    $0.00
    $0.00
    $8,860,103
    -
    $0.00
    $0.00
    $17,720,206
    View Listing
    More about this property
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