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    5073 Ann Arbor Rd Dundee, MI 48131-9759
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    Property profile & analytics

    5073 Ann Arbor Rd Dundee, MI 48131-9759

    View on Map
    • Distribution centers
    • 28,000 SF
    • 3.76 lot acres
    Off-Market
    Property ID
    US43-1617511
    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
    $825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Young's Inc. / Big Box & Wholesale Store

    Property Details for 5073 Ann Arbor Rd

    Year built
    1995
    Lot size
    3.76 lot acres
    Property size
    28,000 SF
    Property type
    Distribution centers
    APN
    42-011-008-50
    APU
    4201100850

    Description

    This exceptional 91,952-square-foot industrial property, located at 5073 North Ann Arbor Road in Dundee, Michigan, presents a significant opportunity for manufacturing, warehouse, or distribution businesses. The single-tenant building sits on an expansive 11.59-acre lot and features a two-story design with impressive ceiling heights ranging from 22 to 25 feet. Efficient operations are supported by eight loading docks and one drive-in door, complemented by ample parking for 50 vehicles. The property boasts robust power capabilities with 1200 amps, 208 volts, and 3-phase electrical service. Strategically located near the intersection of Tecumseh Street and Granite Drive, this facility benefits from convenient access to major transportation routes. The property is zoned M-1 (Manufacturing) and its Monroe County location, within the "Outside Metro Area" submarket, offers a blend of accessibility and cost-effectiveness. The entire 91,952 square feet is currently vacant, providing immediate occupancy for a prospective tenant. The property's parcel number is 42 011 008 51, -50, -40, and the zip code is 48131. This property offers a rare combination of size, functionality, and location, making it an ideal choice for businesses seeking a substantial and well-equipped industrial space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $824,000
      Market price range: $825k - $3.01M
      AI Estimate
      $824,000
      Market price range: $825k - $3.01M

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

    Location Insight

    • Map
    • Local Demand
    City
    Dundee
    County
    Monroe
    State
    Michigan
    Longitude
    -83.6742
    Latitude
    41.9701
    CBSA code
    33780
    CBSA name
    MONROE, 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
    $1,396
    $0.00
    $0.00
    $177,680
    -
    $0.00
    $0.00
    $355,360

    Comparable in this City

    • Value Estimation
      $9,570,000
      90,136 SF

      5073 Ann Arbor Rd

      DISTRIBUTION WAREHOUSE • 90,136 SF
      5073 Ann Arbor Rd, Dundee, MI 48131-9759
      View Details
    • Value Estimation
      $9,000,000
      135,300 SF

      500 Dunham St

      DISTRIBUTION WAREHOUSE • 135,300 SF
      500 Dunham St, Dundee, MI 48131-1159
      View Details
    • Value Estimation by Request
      148.49 Acres

      5800 Ann Arbor Rd

      INDUSTRIAL (GENERAL) • 148.49 Acres
      5800 Ann Arbor Rd, Dundee, MI 48131-9772
      View Details
    • Value Estimation by Request

      500 Dunham St

      INDUSTRIAL (GENERAL)
      500 Dunham St, Dundee, MI 48131-1159
      View Details
    • Value Estimation by Request
      95,940 SF

      5460 Ann Arbor Rd

      LIGHT INDUSTRIAL • 95,940 SF
      5460 Ann Arbor Rd, Dundee, MI 48131-9201
      View Details
    • Value Estimation by Request
      716 SF

      148 Van Nest St

      MINI-WAREHOUSE, STORAGE • 716 SF
      148 Van Nest St, Dundee, MI 48131-1135
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Industrial Land with Truck Repair

      Industrial land with truck repair facility and residential home.
      8817 N Ann Arbor Rd, Dundee, MI 48131
      View Details
    • $79,000
      1.02 Acres

      Residential Land in Dundee, MI

      Vacant land suitable for building a home.
      6 Covell Rd, Dundee, MI 48131
      View Details
    • $79,000
      1.02 Acres

      Residential Land in Dundee, MI

      Vacant residential land available in Dundee, Michigan.
      5 Covell Rd, Dundee, MI 48131
      View Details
    • $362,000

      Commercial Lot in Growing Dundee

      Prime commercial lot in Dundee with high traffic and utilities.
      16488 Tecumseh St, Dundee, MI 48131
      View Details

    Similar Nearby for Lease

    • $2,650 /Mo
      2,100 SF

      Commercial Land in Dundee, MI

      Commercial land with high traffic exposure in Dundee, Michigan.
      119 Waterstradt Commerce Dr, Dundee, MI 48131
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Dundee, Michigan.
      16482 Tecumseh St, Dundee, MI 48131
      View Details
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    Dundee, MI 48131-9759
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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