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Property profile & analytics

513 Cross St Ypsilanti, MI 48197

  • Commercial real estate
  • 966 SF
  • 0.02 lot acres
For Sale
Last Sale
Dec 22, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0678692
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.

Current Use by Public Records

  • Cross Street Shop / (Bike/Boat/Book/etc) Store
  • Cross Street Services Dispensery / (Bike/Boat/Book/etc) Store

Property Details for 513 Cross St

Year built
1940
Lot size
0.02 lot acres
Property size
966 SF
Zone code
C
Property type
Commercial real estate
APN
11-11-40-183-004
APU
111140183004

Description

This exceptional investment opportunity presents a thriving adult-use provisioning center in Ypsilanti, Michigan. The property, located at 513 W CROSS, boasts 966 square feet on a 0.02-acre lot. This established business is one of the first licensed provisioning centers in Ypsilanti, benefiting from its early-mover advantage in a rapidly growing market. Its prime downtown location offers maximum visibility, situated directly across from Eastern Michigan University's campus and near Washtenaw Community College, ensuring high foot traffic and significant exposure to a large student population and the wider community. The property is conveniently located in a walkable neighborhood with ample public parking nearby, and is surrounded by established local and national retailers. The sale includes the option to purchase both the business license and the real estate, or to purchase the license and lease the real estate separately. This presents a unique opportunity for investors seeking immediate returns and long-term growth potential in a high-demand market. The property's strategic location and established business operation make it an attractive investment for experienced entrepreneurs and savvy investors alike. Don't miss this chance to acquire a profitable and well-positioned adult-use provisioning center in a vibrant college town.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Ypsilanti
County
Washtenaw
State
Michigan
Longitude
-83.6197
Latitude
42.2456
CBSA code
11460
CBSA name
ANN ARBOR, 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
2019
$2,569
$0.00
$0.00
$65,100
-
$0.00
$0.00
$130,200
More about this property
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