625 Avis Dr, Ann Arbor, MI 48108
For Sale
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This exceptional 48,673-square-foot research and development facility at 625 Avis Drive is available for lease. The property offers a flexible layout, with a minimum divisible space of 16,000 square feet and the potential to lease the entire 48,673 square feet contiguously. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant or multiple tenants. Situated on a generous 10.87-acre lot, the property boasts 2.5 acres of vacant land, allowing for future expansion. The building features a beautiful auditorium, a full kitchen and cafeteria, and ample parking. Its strategic location provides quick access to I-94 and US-23, enhancing logistical efficiency. The property is equipped with a robust electrical system (1600 Amps, 480 Volt) and a backup emergency generator, ensuring business continuity. The serene setting, nestled in a gorgeous wooded area on a lake, offers a tranquil and productive work environment. The asking price for the entire property is $6,500,000. This property is ideal for a company seeking a large, well-equipped, and conveniently located R&D facility.
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American Customer Satisfaction Business Management Consultant
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CSat Investment Advisory Consultant
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Reliable Appliance Repair Home Appliance Store
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A CSI LLC Business Management Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.