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    7330 E Michigan Ave Saline, MI 48176
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    7330 E Michigan Ave, Saline, MI 48176

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    • Medical Office Space
    • 5,360 SF
    • 9.80 lot acres
    For Lease
    $800/Mo
    View Listing →
    Office Space for Rent For Lease
    $800/Mo
    475 SF

    Office Space for Rent

    Office space available in a visible location.

    7330 E Michigan Ave, Saline, MI
    View Listing
    Property ID
    US43-1289254
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jennifer Simms-Coffey / Foster Care Service / Social Service Agency
    • Bliss Ink / Medical Clinic / Skin Care Clinic
    • Professional Ceramic / Dental Office
    • Hancock W.G. DC / Alternative Medicine Practice
    • Dr. Elisa B. Picken, MD / Pediatrician / Physician

    Property Details for 7330 E Michigan Ave

    Year built
    1974
    Lot size
    9.80 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    L -12-32-200-004
    APU
    L1232200004

    Description

    This exceptional executive office suite, located at 7330 E Michigan Ave in Saline, Michigan, presents a unique opportunity for businesses seeking a prominent presence. The building, constructed in 1974, boasts a total of 5,360 square feet spread across two stories. Currently, 475 square feet of office space is immediately available for lease as a single-tenant occupancy. The property is zoned BD - Business, ensuring flexibility for various professional uses. Ample parking is provided with 15 spaces available for tenants and clients. The building's strategic location just off E Michigan Avenue in Saline offers exceptional visibility and accessibility, making it an ideal choice for businesses seeking high exposure. The property's Washtenaw County location (APN: L-12-32-200-004) provides easy access to local amenities and transportation routes. This is a single-tenant space within a larger building, offering a blend of privacy and convenience. The property's 1974 construction provides a solid foundation for a long-term lease. The zip code is 48176.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saline
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7503
    Latitude
    42.1826
    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
    $10,435
    $0.00
    $0.00
    $444,094
    -
    $0.00
    $0.00
    $888,188

    Comparable in this City

    • Value Estimation by Request
      9.17 Acres

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    • Value Estimation by Request
      3,815 SF

      7005 Michigan Ave

      OFFICE BUILDING
      7005 Michigan Ave, Saline, MI 48176-7400
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      21,434 SF

      1300 Tefft Ct

      Flex space
      1300 Tefft Ct, Saline, MI 48176
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    • Value Estimation by Request
      240 SF

      9700 Burmeister Rd

      OFFICE BUILDING
      9700 Burmeister Rd, Saline, MI 48176-9653
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    • Value Estimation by Request
      88,203 SF

      551-557 Michigan Ave

      Lifestyle centers
      551-557 Michigan Ave, Saline, MI 48176
      View Details
    • Value Estimation by Request
      2,433 SF

      3001 Brassow Rd

      OFFICE BUILDING
      3001 Brassow Rd, Saline, MI 48176-9057
      View Details

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    Similar Nearby for Lease

    • $15 SF/Yr
      9,996 SF

      Office Suite in Saline, MI

      Office suite for rent with utilities included and front door parking.
      760 Woodland Dr E, Saline, MI 48176
      View Details
    • Contact for pricing
      475 SF

      Office Space for Rent

      Office space available in a visible location.
      7330 E Michigan Ave, Saline, MI 48176
      View Details
    • Contact for pricing
      3,000 SF

      Saline Retail/Office Space Available

      High-visibility location suitable for office, business services, and retail.
      901 W Michigan Ave, Saline, MI 48176
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      Saline Office/Industrial Space for Lease

      Renovated office and industrial space in Redies Business Park.
      905 Woodland Dr E, Saline, MI 48176
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      Versatile Commercial Space Available

      Flexible commercial space with warehouse and office near major routes.
      1300 Tefft Ct, Saline, MI 48176
      View Details
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    Saline, MI 48176
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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