Property profile

5111 Venture Dr Ann Arbor, MI 48108

FOR LEASE
Office buildings
Property ID
US43-1469187
21,064 SF 11.57 ac lot Built 1998
Entity Owned 1-yr Hold Free & Clear
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No photos on file
For Lease
$17 SF/Yr 29,852 SF available
5111 Venture Dr, Ann Arbor, MI 48108
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Property summary

AI-generated overview

This exceptional single-tenant office building, located at 5111 Venture Dr in Ann Arbor, Michigan, presents a unique opportunity for a discerning business. Boasting a substantial 21,856 square feet of vacant space, this Class C building offers ample room for a corporate headquarters or large-scale operation. Constructed in 1998, the single-story structure sits on an expansive 11.61-acre lot, providing ample room for expansion or future development. The property is zoned BD Business, allowing for a variety of commercial uses. Conveniently located in Washtenaw County, with the address 5111 Venture Dr, Ann Arbor, MI 48108, this property offers easy access to major transportation routes and amenities. The building features 50 total parking spaces, ensuring convenient parking for employees and clients. The property's APN is L-12-21-200-024. This is a rare opportunity to secure a significant amount of office space in a desirable location. The building's size and layout offer flexibility for customization to meet specific business needs. With its generous lot size and ample parking, this property is ideal for a company seeking a prominent and functional headquarters. The property is ready for immediate occupancy.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Total area 21,064 SF
Lot 11.57 ac (503,989 SF)
APN L -12-21-200-024
UPID US43-1469187

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5111 Venture Dr Ann Arbor, MI 48108
Ann Arbor metro Census 415400 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$665k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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