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505 South Maple Road

Off-Market

505 South Maple Road, Ann Arbor, MI 48103

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

Location

  • Walk Score ® Very Walkable (79)
  • Transit Score ® Some Transit (43)
  • Bike Score ® Very Bikeable (87)
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

ChargePoint

0.76 miles

Clark

1.58 miles

Ann Arbor Supercharger

2.50 miles

Shell

3.31 miles

BP

4.94 miles

Shell

5.31 miles

Marathon

6.31 miles

Mobil

7.96 miles

Speedway

8.19 miles

Circle K

9.10 miles

U-M Lot SC14

1.71 miles

UM Lot W10

1.74 miles

Lot SC 16

1.93 miles

U-M Lot SC20 (Athletics Campus Grey Lot)

1.97 miles

U-M Lot M45

2.49 miles

U of M Lot NC 106

3.82 miles

NC85

4.24 miles

NC84

4.24 miles

Pittsfield Preserve Nature Area Trailhead

5.70 miles

Campus Wellness Center Lot

7.85 miles

Pilar’s Tamales

0.19 miles

Smoothie King

0.38 miles

Village Kitchen

0.57 miles

dessous

1.59 miles

Neopapalis

1.88 miles

Subway

1.94 miles

Ray's Red Hots

2.26 miles

Bopjib

2.31 miles

Toarmina's Pizza

2.36 miles

Lan City Noodle Bar

2.37 miles

TJ Maxx

0.23 miles

Arbor Farms Market

0.32 miles

Plum Market

0.62 miles

People's Food Co-op

1.74 miles

Kerrytown Market

1.79 miles

Target

2.01 miles

Target

2.27 miles

Kohl's

2.68 miles

JCPenney

2.89 miles

Macy's

2.94 miles

Walgreens

0.28 miles

MedSport

1.51 miles

Campus Police

1.96 miles

CVS Pharmacy

2.02 miles

South Main Orthopaedics

2.02 miles

Cook Legal Research Library

2.07 miles

CVS Pharmacy

2.30 miles

Ann Arbor Dialysis of Davita

2.42 miles

University of Michigan Medical Center

2.55 miles

Fire Station 6

2.70 miles

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

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on 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
View more Ann Arbor market trends

Tax

  • Base Tax $58,468
  • Current Tax $51,017
  • Market Value* $1,699,800
  • Assessed Value $1,699,800

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 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 2022 was $1,699,800.
*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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