24 Frank Lloyd Wright DrAnn Arbor, MI 48105

  • Office buildings
  • 919,507 SF
For Lease
$8.04/SF/YR View listing

Property Details for 24 Frank Lloyd Wright Dr

Lot size
7.79 AC
Property size (Sq ft)
919,507 SF
Zone code
OP
Property type
Office buildings
APN
I -09-13-200-018
APU
I0913200018

Description

This Ann Arbor office space at 24 Frank Lloyd Wright Dr, in Washtenaw County, offers a variety of options for businesses of all sizes. Tenants can choose from 10 available spaces ranging from 11 to 1,292 square feet, encompassing traditional office suites, executive offices, coworking spaces, medical offices, and creative office layouts. The property is situated on the Huron River, providing a serene and inspiring work environment. Conveniently located near public transportation (Domino's Farms Lobby H bus stop) and a short drive from the Ann Arbor Amtrak Train Station, this location offers easy access for employees and clients. The space includes fully furnished and equipped private offices, collaborative coworking areas with dedicated desks and hot-desking options, and modern meeting rooms equipped with the latest technology. Additional services include virtual office options with mail forwarding and call answering, and a flexible membership program offering various levels of access. The property is ideal for businesses seeking a permanent office, temporary workspace, or a flexible solution to accommodate varying needs. Nearby amenities include golf courses, enhancing the overall appeal of this prime Ann Arbor location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $157,408,512
    6.5%
    $145,300,160
    7%
    $134,921,584
  • Comparable approach

    Method
    Valuation
    Relative Method
    $86,010,688
    Geo Method
    $86,010,688
  • Alternative Use

    Use
    Valuation
    Residential
    $180,172,208
    Hospitality
    $165,036,768
    Educational
    $137,308,656
    Medical
    $142,030,912
    Retail
    $213,591,232
24 Frank Lloyd Wright Dr, Ann Arbor, Michigan

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.3162
Longitude
-83.6838
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
$222,300
-
-
$5,259,800
-
-
-
$10,519,600

FAQs

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