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    FOR SALE
    Industrial properties

    5200 Venture Dr, Ann Arbor, MI 48108

    14,316 SF 9.01 ac lot Built 1985
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US43-1248135
    Property summary
    AI-generated overview

    This exceptional Ann Arbor industrial property, located at 5200 Venture Dr, 48108, presents a unique investment opportunity. The 25,494 square foot building sits on a spacious 9.48-acre lot in Washtenaw County, zoned for business use. Built in 1985, this two-story structure offers a flexible layout ideal for owner-users. The property features approximately 14,316 square feet of office space and 11,178 square feet of warehouse space. The warehouse boasts a 24-foot ceiling height, one loading dock, a bay door, restrooms, a locker area, a mezzanine, and a robust power supply (1200 AMP, 480 V service). Office amenities include a formal entryway, large open workspace, cafeteria/kitchen, meeting room, several private offices, a conference room, and a spacious open office area overlooking the warehouse. Additional features include common-area restrooms, an elevator, and sprinkler systems in the office areas. Ample parking is available for employees and clients. This property is listed at $3,900,000. The APN is L-12-21-200-031.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1985
    Total area 14,316 SF
    Lot 9.01 ac (392,476 SF)
    APN L -12-21-200-031
    UPID US43-1248135
    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
    • Packard Health South Ann Arbor Community Health Centre Health Care Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.20M
    Blend (final) Blend
    $1.20M
    Owner & transaction history
    Packard Health INC · 6 yrs held
    Packard Health INC
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.6M +37.0%
    Warehouse, storage $1.2M +1.3%
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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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