45 Research Dr Ann Arbor, MI 48103-2974
This exceptional office property, located at 45 Research Drive in Ann Arbor, Michigan, offers a diverse range of office spaces to suit various business needs. The property encompasses five buildings, each two stories high, situated on a spacious 3.5-acre lot. Built in 1960 and extensively renovated in 2002, the buildings are well-maintained and present a professional image. The property is zoned O (Office) and features a total of 5,240 square feet of immediately available space, divisible into units with a minimum size of 2,500 square feet. The maximum contiguous space available is 5,240 square feet, making it ideal for both large and smaller businesses. The property's location in the Ann Arbor submarket, specifically within the Washtenaw W of 23 cluster, provides convenient access to Main Street, M-14, and US-23, ensuring effortless commutes for employees and clients. Beyond the practical advantages, the property boasts a beautifully landscaped environment, offering a tranquil setting with proximity to nature trails, the Huron River walk, and bicycle trails. The property's address is 45 Research Dr, Ann Arbor, MI 48103, with a cross street of N Main. The Washtenaw County Assessor's Parcel Number (APN) is 09-09-20-100-029. This property is perfect for businesses seeking a blend of professional workspace and a naturally appealing environment. The flexible space options cater to a variety of business models, including executive office, coworking, medical office, creative office, and traditional office setups.
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Ann Arbor Annuity Exchange Inc Insurance Agency
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Questar Capital Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.