- +2 images
Research Park Business Center
3885 Research Park Drive, Ann Arbor, MI 48108
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - R&D - Office
- Property Size 31,508 SF
- Lot Size 2.58 Acre
- Parking Spaces Avail. 94
- Parking Ratio 3.00 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1988
- Walk Score ® Car-Dependent (40)
- Transit Score ® Some Transit (29)
- Bike Score ® Somewhat Bikeable (46)
- City Ann Arbor, MI
- Neighborhood Clinton-George
- Zip Code 48108
- Market Detroit
Points of Interest
Ann Arbor Supercharger
Pittsfield Preserve Nature Area Trailhead
Lot SC 16
U-M Lot SC20 (Athletics Campus Grey Lot)
UM Lot W10
Bentley Historical Library Visitor Parking
U of M Lot NC 106
Campus Wellness Center Lot
Holiday Inn Express - University South
Kensington Court Hotel
Fairfield Inn Marriott
Extended Stay America
Hilton Garden Inn
The University Inn Ann Arbor
Stone Chalet Bed and Breakfast Inn
Library Bed and Breakfast
Buddy's Restaurant & Pizzeria
New York Pizza Depot
Preschool and Family Center
Saint Francis of Assisi School
Ross School of Business
Dicken Elementary School
Bach Elementary School
University of Michigan
Concordia University Ann Arbor
Washtenaw Community College
Little Lamb Nursery & Kindergarten
Kozy Heart Daycare Center
Annie's Children's Center
Towsley Chidren House
Green Apple Garden Upper Playschool
Little Angels Daycare
Stony Creek Preschool
Annie's Children's Center
Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.
Do you represent this property? Claim it!
List your spaces with ease and generate only verified leads with CommercialEdge Marketing.
Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.
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
- Base Tax $109,679
- Current Tax $72,780
- Market Value* $3,188,600
- Assessed Value $3,188,600
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 Research Park Business Center?
Research Park Business Center totals 31,508 square feet.
When was this property built?
Research Park Business Center was built in 1988.
When was Research Park Business Center last sold?
Research Park Business Center was last sold on 23 Jan, 2013.
What is the market value for Research Park Business Center?
The market value* for Research Park Business Center in 2022 was $3,188,600.
*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.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.