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    Property profile & analytics

    650 Avis Dr Ann Arbor, MI 48108-9623

    • Office buildings
    • 35,057 SF
    • 3.58 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 18, 2021
    Location Intelligence
    Property ID
    US43-1701666
    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

    • Hannigan Insurance / Insurance Agency
    • May Mobility / Corporate Office
    • Innovative Biotherapies Inc / Biotechnology Company
    • Insure Hive / Insurance Agency

    Property Details for 650 Avis Dr

    Year built
    1996
    Lot size
    3.58 lot acres
    Property size
    35,057 SF
    Property type
    Office buildings
    APN
    L -12-20-101-002
    APU
    L1220101002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7419
    Latitude
    42.2113
    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
    2023
    $126,554
    $0.00
    $0.00
    $2,683,607
    -
    $0.00
    $0.00
    $5,367,214

    Comparable in this City

    • Value Estimation by Request
      21,770 SF

      640 Avis Dr

      OFFICE BUILDING • 21,770 SF
      640 Avis Dr, Ann Arbor, MI 48108-8952
      View Details
    • Value Estimation by Request
      24,973 SF

      400 Morgan Rd

      OFFICE BUILDING • 24,973 SF
      400 Morgan Rd, Ann Arbor, MI 48108-9100
      View Details
    • Value Estimation by Request
      32,478 SF

      1136 Oak Vly Dr

      OFFICE BUILDING • 32,478 SF
      1136 Oak Vly Dr, Ann Arbor, MI 48108-9624
      View Details
    • Value Estimation by Request
      200 SF

      4240 Packard St

      OFFICE BUILDING • 200 SF
      4240 Packard St, Ann Arbor, MI 48108-1508
      View Details
    • Value Estimation by Request
      19,882 SF

      3923 Ranchero Dr

      OFFICE BUILDING • 19,882 SF
      3923 Ranchero Dr, Ann Arbor, MI 48108-2774
      View Details
    • Value Estimation by Request
      30,229 SF

      935 Technology Dr

      OFFICE BUILDING • 30,229 SF
      935 Technology Dr, Ann Arbor, MI 48108-8964
      View Details

    Similar Nearby for Sale

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    • $3,550,000
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      Ann Arbor Freestanding Office Building

      27,160 SF office building on 3.28 acres.
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      Ann Arbor - 2 Property Office Portfolio

      Ann Arbor - 2 Property Office Portfolio
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    • Contact for pricing

      Premium Office Space in Ann Arbor

      Class A office building with flexible suites and convenient location.
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    • $6,500,000
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      Ann Arbor R&D Office/Industrial

      10-acre campus, 48,673 SF, $6.5M
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    Similar Nearby for Lease

    • $10 SF/Yr
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      Avis Farm Office Suite - Ann Arbor

      1,520 SF Office, Ample Parking, Immediate Availability
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      View Details
    • Contact for pricing
      100,477 SF

      Ann Arbor Office Space

      Office building with 100,477 square feet available for rent.
      100 Phoenix Dr, Ann Arbor, MI 48108
      View Details
    • $25 SF/Yr
      130,961 SF

      Ann Arbor Office Building For Rent

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    • $20 SF/Yr
      67,908 SF

      Waterworks Plaza Office Suites

      Ann Arbor Office Space, Multiple Suites Available
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      28,776 SF

      Ann Arbor Flex Space For Lease

      Modern Flex Space, Ann Arbor, MI
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    • $15 SF/Yr
      38,400 SF

      Atrium VI Executive Suites

      Ann Arbor Office Space Available
      1300 Victors Way, Ann Arbor, MI 48108
      View Details
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    Ann Arbor, MI 48108-9623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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