1101 Technology DrAnn Arbor, MI 48108

  • Office buildings
  • 24,840 SF
For Lease
$12/SF/YR View listing

Property Details for 1101 Technology Dr

Year built
1998
Lot size
3.34 AC
Property size (Sq ft)
24,840 SF
Property type
Office buildings
APN
L -12-20-101-009
APU
L1220101009

Description

This exceptional Class A office space, totaling 26,341 square feet, is situated in Ann Arbor, Michigan's desirable Avis Farms business park at 1101 Technology Dr, 48108, near Ellsworth and Textile. The single-story, 1998-built building offers a 10,970 square foot suite currently available for lease, perfect for a single tenant or divisible for smaller needs. The property boasts ample parking with 94 spaces available for tenants and visitors. The building sits on a 3.34-acre lot and is zoned for business use (APN: L-12-20-101-009). Enjoy well-maintained interiors featuring updated finishes, abundant natural light, and open floor plans. The park-like setting includes streams, ponds, and walking trails, offering a tranquil and productive work environment. Avis Farms is a thriving high-tech campus, home to a diverse range of businesses in telecommunications, engineering, software, and hardware. This location provides easy access to major transportation routes and is surrounded by other established businesses. The property is categorized as both Executive and Traditional Office space, making it suitable for a variety of business needs. This is a rare opportunity to secure prime office space in a highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,252,308
    6.5%
    $3,925,208
    7%
    $3,644,836
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,323,534
    Geo Method
    $2,323,534
  • Alternative Use

    Use
    Valuation
    Residential
    $4,867,258
    Hospitality
    $4,458,382
    Educational
    $3,709,321
    Medical
    $3,836,890
    Retail
    $5,770,056

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2138
Longitude
-83.7481
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
$94,693
-
-
$2,301,614
-
-
-
$4,603,228

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].