Property profile

5690 Hines Dr Ann Arbor, MI 48108

OFF-MARKET
Manufacturing properties
Property ID
US43-1825560
76,204 SF 12.41 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2000
Total area 76,204 SF
Lot 12.41 ac (540,580 SF)
APN L -12-21-310-013
UPID US43-1825560

Cap rate & NOI

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

Location

5690 Hines Dr Ann Arbor, MI 48108-7940
Ann Arbor metro Census 415400 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.33M
Blend (final) Blend
$10.33M

Owner & transaction history

since 2022
Last sale
$11.1M
7 recorded transactions
2022
Price N/A
2022
$11.1M
2020
Price N/A
2020
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $15.1M +135.8%
Office building $11.5M +79.3%
Retail stores $8.8M +37.0%

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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