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Property profile & analytics
OFF-MARKET
Commercial real estate

999 Is Dr Ct Ann Arbor, MI 48105-2001

4.88 ac lot Built 1962
Entity Owned 27-yr Hold Absentee Owner Free & Clear
Property ID
US43-0907037
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1962
Lot 4.88 ac (212,529 SF)
Zoning code R4A
APN 09-09-21-302-035
UPID US43-0907037
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Island Drive LLC · 27 yrs held
Island Drive LLC
since 1998
3 recorded transactions
1998
Price N/A
1998
Price N/A
1998
Price N/A
Zoning & alternative use
R4A · Ann Arbor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R4A Multiple-Family Dwelling District In addition to types of dwelling units permitted in the R1, R2, and R3 districts, this district is intended to permit attached dwelling units to be arranged either side by side or one above the other in a low-density, multiple-family dwelling fashion. These developments are most appropriate in perimeter areas of the City…

Zone name Multiple Family Dwelling
General category RESIDENTIAL
Zone area 1,049.70 ac
Source udc edition 11a 8 10 25
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