1194 Oak Valley DrAnn Arbor, MI 48108

Property Details for 1194 Oak Valley Dr

Year built

1998

Lot size

4.35 AC

Property size (Sq ft)

42,936 SF

Property type

Office buildings

APN

L -12-08-305-019

APU

L1208305019

Description

This exceptional 11,945-square-foot office building presents a unique opportunity in Ann Arbor, Michigan. Situated at 1194 Oak Valley Drive, 48108, this property boasts a prime location within a business park, offering tenants scenic views. The building, constructed in 1999, is classified as a Traditional Office and Executive Office space, suitable for a variety of business needs. The entire 11,945 square feet is currently vacant, providing flexibility for a single large tenant or the potential for multiple smaller tenants. The property sits on a generous 4.35-acre lot, providing ample space and potential for expansion or additional amenities. The zoning is designated as PUD (Planned Unit Development), offering potential for various uses within the established framework. Located in Washtenaw County, this property benefits from the vibrant Ann Arbor business environment. The building's modern design and desirable location make it an attractive option for businesses seeking high-quality office space in a thriving community. The entire space is available for lease, offering a rare opportunity to secure a significant footprint in a sought-after location. Interested parties should inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $7,350,126

  6.5%

  $6,784,731

  7%

  $6,300,108

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,016,234

  Geo Method

  $4,016,234

• Alternative Use

  Use

  Valuation

  Residential

  $8,413,067

  Hospitality

  $7,706,324

  Educational

  $6,411,571

  Medical

  $6,632,074

  Retail

  $9,973,555

Location Insight

City

Ann Arbor

County

Washtenaw

State

Michigan

Latitude

42.2352

Longitude

-83.7501

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].