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Property profile & analytics

775 Grv St Ypsilanti, MI 48198-6304

  • Commercial real estate
  • 3,895 SF
  • 0.72 lot acres
OFF-MARKET
Last Sale
Jun 06, 2025
$262,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1383644
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

  • Huntington Insurance / Insurance Agency

Property Details for 775 Grv St

Year built
1961
Lot size
0.72 lot acres
Property size
3,895 SF
Zone code
GC
Property type
Commercial real estate
APN
11-11-15-225-004
APU
111115225004

Description

This exceptional 3,895 square foot retail property, located at 775 S Grove Street in Ypsilanti, Michigan, presents a unique investment opportunity. Previously a bank, this building boasts multiple points of entry and exit, enhancing accessibility and convenience for potential tenants. The property includes a significant advantage with a drive-thru, a feature highly sought after in today's market, along with ample parking for 30 vehicles. Excellent street visibility ensures high traffic and exposure for your business. A full basement extends throughout the entire building, offering significant additional space for storage or expansion. The property is zoned GC – General Corridor, allowing for a wide range of uses, including office space, medical facilities, drive-thru restaurants, and childcare centers. This versatility makes it an ideal investment for diverse business ventures. Furthermore, the property benefits from its location near a planned new shopping center to the east, promising increased foot traffic and synergistic growth opportunities. The property's APN is 11-11-15-225-004. The asking price is $429,000. This is a rare opportunity to acquire a well-located, versatile commercial property in a growing area.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Ypsilanti
County
Washtenaw
State
Michigan
Longitude
-83.5971
Latitude
42.2294
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
2019
$12,117
$0.00
$0.00
$194,700
-
$0.00
$0.00
$389,400
More about this property
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