Property profile

650 Avis Dr Ann Arbor, MI 48108

OFF-MARKET
Office buildings
Property ID
US43-1701666
35,057 SF 3.58 ac lot Built 1996
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 35,057 SF
Lot 3.58 ac (155,945 SF)
APN L -12-20-101-002
UPID US43-1701666

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Corporate Office
  • Corporate Office
  • Insurance Agency

Location

650 Avis Dr Ann Arbor, MI 48108-9623
Ann Arbor metro Census 415600 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
$4.75M
Blend (final) Blend
$4.75M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2013
Price N/A
2003
Price N/A
1998
Price N/A
1998
$3.5M
1998
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $6.9M +31.5%

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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