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Property profile & analytics

745 State Cir Ann Arbor, MI 48108-1647

  • Warehouses
  • 53,188 SF
  • 6.92 lot acres
OFF-MARKET
Value Estimations
$3,085,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1349457
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

  • Wolverine Sports / Sporting Goods Store / School Supply Store
  • Schoolmasters Safety / Safety Equipment Supplier
  • School-Tech Inc / Sporting Goods Store / Store
  • audio loop solutions / Electronics Store
  • Schoolmasters Science / E-Commerce Service

Property Details for 745 State Cir

Year built
1977
Lot size
6.92 lot acres
Property size
53,188 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
L -12-08-400-029
APU
L1208400029

Description

This Ann Arbor industrial property, located at 745 State Circle, offers 70,383 square feet of flexible space ideal for various industrial and warehouse operations. The single, two-story building features 11,652 square feet of immediately available space, divisible to a minimum of 6,200 contiguous square feet. The property boasts a 16-foot ceiling height, enhancing storage and operational efficiency. Convenient loading and unloading is facilitated by two loading docks and two drive-in doors. Situated in the Washtenaw W of 23 submarket, this location provides easy access to major highways I-94 and US-23, optimizing distribution capabilities. The property benefits from ample natural light, new LED lighting throughout, and on-site power. Secure parking with LED lighting is also available. The property is zoned FB and has an APN of L-12-08-400-029. This well-maintained facility is under local ownership and management, offering a reliable and efficient workspace. The property is conveniently located off State Street in Ann Arbor, Michigan, zip code 48108. This is a multi-tenant building.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $3,084,000
    Market price range: $3.08M - $5.98M
    AI Estimate
    $3,084,000
    Market price range: $3.08M - $5.98M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $4,525,000
    Current use
    INDUSTRIAL (GENERAL)
    $4,465,000
    Change: -1% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Ann Arbor
County
Washtenaw
State
Michigan
Longitude
-83.7445
Latitude
42.2342
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
$59,171
$0.00
$0.00
$1,107,097
-
$0.00
$0.00
$2,214,194
More about this property
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