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Financial
Distress signals
Property profile

4325 Concourse Dr Ann Arbor, MI 48108

OFF-MARKET
Office buildings
Property ID
US43-1663901
10,178 SF 2.36 ac lot Built 1994
Last sale Sep 2002 · $935,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 10,178-square-foot single-tenant flex space, built in 1994, is ideally situated off S State Street, across from the Ann Arbor Municipal Airport, and just south of I-94. Its convenient location provides easy access to downtown Ann Arbor, Saline, Ypsilanti, and surrounding communities. The property features a well-maintained building with a combination of office and warehouse space. The office area includes a lobby, reception area, private offices, a conference room, open workspaces, and…

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 · 2023

What does the county charge?
$39k
Tax billed · 2023
Assessed value · 2024$794k
Effective rate4.96%

Value estimate

· Oct 2026
$610k
$549k – $671k
Submarket $/SF estimate$1.41M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$151/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$64 – $226
Qualifying comparables6

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: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.6
Parking Facility8.5
Dental Office8.4

Location

4325 Concourse Dr Ann Arbor, MI 48108-9688
County assessor Recorded deeds · 11 transfers 6 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2770 Carpenter, Ann Arbor, MI 48108-4104 $1,275,000 Dec 2025 8,120 SF
680 State, Ann Arbor, MI 48108-1646 $1,400,000 Apr 2025 13,796 SF
2750 Carpenter, Ann Arbor, MI 48108-1170 $822,708 Jan 2024 8,528 SF
2650 Carpenter, Ann Arbor, MI 48108-1108 $2,990,000 Dec 2019 16,229 SF
4110 Varsity, Ann Arbor, MI 48108-2274 $950,000 Aug 2019 7,200 SF
1153 Oak Vly, Ann Arbor, MI 48108-8943 $1,280,000 May 2019 12,390 SF
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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