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Property profile & analytics
OFF-MARKET
Industrial land

Varsity Dr Ann Arbor, MI 48108

1.26 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US43-2637095
Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.26 ac (54,886 SF)
Zoning code M1
APN 09-12-09-400-007
UPID US43-2637095
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
Prime Development Group LLC · 4 yrs held
Prime Development Group LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
M1 · Ann Arbor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

5.13 Nonresidential and Special Purpose Zoning Districts| 5.13.6 M1 Limited Industrial District Ann Arbor Unified Development Code 11th Edition Page 24 M1 Limited Industrial District This district is intended to provide land for various types of industrial and manufacturing uses that are compatible with one another. Properties included in this district are s…

Zone name Limited Industrial
General category INDUSTRIAL
Zone area 423.74 ac
Source udc edition 11a 8 10 25
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