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    Property profile & analytics
    OFF-MARKET Estimated value $930,000
    Distribution centers

    760 State Cir, Ann Arbor, MI 48108-1648

    16,000 SF 1.78 ac lot Built 1966
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US43-1424782
    Property summary
    AI-generated overview

    This single-tenant industrial flex building, located at 760 State Circle, Ann Arbor, MI 48108, offers 16,000 square feet of versatile space ideal for various uses, including retail showroom, office, and warehouse/distribution. Built in 1966, the one-story building features an 18-foot ceiling height, one loading dock, and one drive-in door, providing efficient operational capabilities. The property includes 800 amps of 3-phase power, ensuring sufficient electrical capacity. A sizable enclosed mezzanine adds valuable extra space. The 1.78-acre lot offers ample parking, with potential for additional rear parking. Its strategic location off S. State Street, near the I-94 Interchange, provides convenient access to downtown Ann Arbor and surrounding communities. The FB zoning allows for flexibility in usage. The property's location also presents a significant opportunity for prominent signage along I-94, maximizing visibility and brand exposure. The property's APN is L-12-08-400-009. This is a rare opportunity to acquire a well-located, functional industrial flex building in a thriving Ann Arbor market.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1966
    Total area 16,000 SF
    Lot 1.78 ac (77,537 SF)
    APN L -12-08-400-009
    UPID US43-1424782
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $928k
    Blend (final) Blend
    $930k
    Owner & transaction history
    Gff760sc LLC · 3 yrs held
    Gff760sc LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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