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    FOR LEASE
    Office buildings

    4750 Venture Dr, Ann Arbor, MI 48108

    47,200 SF 4.12 ac lot Built 1988
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US43-1101622
    Property summary
    AI-generated overview

    The State Tech Center, located at 4750 Venture Dr, Ann Arbor, MI 48108, offers a diverse range of office solutions in the Ann Arbor South submarket. This single-story, 47,000 square foot Class B building, renovated in 2024, provides flexible options for businesses of all sizes. With four total suites, the property offers spaces ranging from a minimum of 100 square feet to a maximum contiguous space of 10,000 square feet, currently boasting 10,000 square feet of vacant space. The building caters to various needs, encompassing traditional office, flex, and coworking spaces. Amenities include ample parking with 150 spaces, two loading docks, and a 15-foot ceiling height. The property is zoned commercial and features 240 3-phase power. Its convenient location at the intersection of State St. and Runway Blvd. makes it easily accessible. Built in 1988, this property offers a blend of established infrastructure and recent upgrades, providing a modern and functional workspace. The property is ideal for businesses seeking a flexible and well-equipped office environment in a thriving Ann Arbor location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1988
    Total area 47,200 SF
    Lot 4.12 ac (179,467 SF)
    APN L -12-16-355-042
    UPID US43-1101622
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Matthew Cunningham - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
    • The Voyage Wealth Advisory Group Financial Advisor
    • Sara Mehraban - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
    • Thomas Bosio - Associate Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
    • Matthew McCumons - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.15M
    Blend (final) Blend
    $4.15M
    Owner & transaction history
    Venture 4750 LLC · 11 yrs held
    Venture 4750 LLC
    since 2015
    5 recorded transactions
    2016
    2015
    2009
    $3.9M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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