505 South Maple Road

Off-Market

505 South Maple Road, Ann Arbor, MI 48103

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 32,576 SF
  • Lot Size 2.43 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1950

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 11 Jun, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

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.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Ann Arbor Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $25.02
  • 2022 Office Vacancy Rate 22.34%
  • 2022 Office Completions (SF)
View more Ann Arbor market trends

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable
  • Transit Score ®

    43/100 Some Transit
  • Bike Score ®

    87/100 Very Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Old West Side Ann Arbor
  • Zip Code 48103
  • Market Detroit

Points of Interest

  • Ann Arbor

    2.03 miles

  • Marathon

    0.17 miles

  • Shell

    0.35 miles

  • Speedway

    0.48 miles

  • ChargePoint

    0.76 miles

  • Marathon

    1.31 miles

  • Speedway

    1.32 miles

  • Mobil

    1.57 miles

  • Clark

    1.58 miles

  • BP

    1.69 miles

  • Shell

    2.20 miles

  • U-M Lot W-11

    1.29 miles

  • U-M Lot W24

    1.29 miles

  • First & Huron parking lot

    1.53 miles

  • South Ashley parking lot

    1.55 miles

  • Ann & Ashley parking structure

    1.61 miles

  • U-M Lot SC36

    1.62 miles

  • Fourth & William parking structure

    1.64 miles

  • U-M Lot SC35

    1.67 miles

  • Fourth & Washington parking structure

    1.67 miles

  • U-M Lot SC2

    1.68 miles

  • Chipotle

    0.06 miles

  • Cottage Inn Pizza

    0.06 miles

  • McDonald's

    0.10 miles

  • Taco Bell

    0.11 miles

  • Gourmet Garden

    0.11 miles

  • Noodles & Company

    0.13 miles

  • Chela's Restaurant & Taqueria

    0.14 miles

  • Subway

    0.15 miles

  • Dairy Queen

    0.18 miles

  • Chan's Garden

    0.19 miles

  • Kroger

    0.16 miles

  • TJ Maxx

    0.23 miles

  • Gordon Food Service

    0.26 miles

  • Arbor Farms Market

    0.32 miles

  • Plum Market

    0.62 miles

  • ALDI

    0.65 miles

  • People's Food Co-op

    1.74 miles

  • Kerrytown Market

    1.79 miles

  • Target

    2.01 miles

  • Busch's Fresh Food Market

    2.11 miles

  • Planned Parenthood

    0.13 miles

  • Walgreens

    0.28 miles

  • CVS Pharmacy

    0.30 miles

  • Rite Aid

    0.35 miles

  • MedSport

    1.51 miles

  • First Aid

    1.66 miles

  • Fire Department Station One

    1.75 miles

  • West Ann Arbor Health Center

    1.83 miles

  • Mary A. Rackham Institute

    1.91 miles

  • Campus Police

    1.96 miles

Frequently Asked Questions

What is the total square footage of 505 South Maple Road?

505 South Maple Road totals 32,576 square feet.

When was this property built?

505 South Maple Road was built in 1950.

When was 505 South Maple Road last sold?

505 South Maple Road was last sold on 11 Jun, 2018.

What is the market value for 505 South Maple Road?

The market value* for 505 South Maple Road in 2023 was $1,730,600.
*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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