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Financial
Distress signals
Property profile

401 W Morgan Rd Ann Arbor, MI 48108

FOR SALE
Commercial real estate
Property ID
US43-1703463
8.93 ac lot Built 1994
Last sale Oct 2017
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-story, 33,000 square foot multi-tenant industrial building in Ann Arbor, Michigan, is perfectly suited for research and development, or medical uses. Located at 401 W Morgan Rd, 48108, this 1994-built facility sits on an 8.93-acre lot with 528 feet of frontage on State Street and is zoned BD. The building offers flexible space options, with a minimum divisible unit of 400 square feet and a maximum contiguous space of 28,000 square feet. Features include a 20-foot ceiling height,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$572
Tax billed · 2023

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$198/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$102 – $310

Cap rate analysis

How does the asset earn?
4.75%
$269k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.4
Storage Facility9.0
Pharmacy8.9

Location

401 W Morgan Rd Ann Arbor, MI 48108
County assessor Recorded deeds · 4 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3162 Packard St, Ann Arbor, MI 48108-1947 $700,000 Feb 2025 No data
501 Avis, Ann Arbor, MI 48108-9799 $6,670 Dec 2024 No data
620 Fairfield, Ann Arbor, MI 48108-9619 $1,000,000 Aug 2024 No data
3800 Varsity, Ann Arbor, MI 48108-2224 $1,500,000 Apr 2024 No data
3180 Packard, Ann Arbor, MI 48108-1947 $975,000 Oct 2023 No data
3186 Packard, Ann Arbor, MI 48108-1947 $975,000 Oct 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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