2025, 2051 & 2055 South State Street
2051 South State Street, Ann Arbor, MI 48104
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- Property Type Industrial - Warehouse/Distribution
- Property Size 38,310 SF
- Lot Size 2.25 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1950
- Walk Score ® Somewhat Walkable (59)
- Bike Score ® Very Bikeable (75)
- City Ann Arbor, MI
- Neighborhood Germantown
- Zip Code 48104
- Market Detroit
Points of Interest
Ann Arbor Supercharger
U-M Lot SC14
U-M Lot M45
U-M P4 M22 Simpson Circle Parking Structure
U-M Lot M36
Bentley Historical Library Visitor Parking
U of M Lot NC 56
U of M Lot NC 23
Green Road Park & Ride Lot
Romano's Macaroni Grill
The West End Grill
Grizzly Peak Brewing Company
People's Food Co-op
Fire Station 6
Cook Legal Research Library
University of Michigan Medical Center
Ann Arbor Dialysis of Davita
Pittsfield Township Public Safety Fire Station No 3
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Average Actual Rents in Ann Arbor
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Ann Arbor Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $26.44
- 2020 Office Vacancy Rate 9.25%
- 2020 Office Completions (SF)
Ann Arbor Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $155.98
- Y-o-Y Avg. PpSF Change -23.34%
- 2020 Office Sales Volume $42.5M
- 2020 Number of Transactions 4
- Property Tax in 2022 $42,109
- Base Tax $10,835
- Current Tax $10,506
- Market Value* $1,539,200
- Assessed Value $1,539,200
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 2025, 2051 & 2055 South State Street?
2025, 2051 & 2055 South State Street totals 38,310 square feet.
When was this property built?
2025, 2051 & 2055 South State Street was built in 1950.
When was 2025, 2051 & 2055 South State Street last sold?
2025, 2051 & 2055 South State Street was last sold on 26 Jul, 2000.
What is the property tax for 2025, 2051 & 2055 South State Street?
The property tax for 2025, 2051 & 2055 South State Street in 2022 was $42,109.
What is the market value for 2025, 2051 & 2055 South State Street?
The market value* for 2025, 2051 & 2055 South State Street in 2022 was $1,539,200.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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