South State Commons III
2727 South State Street, Ann Arbor, MI 48104
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- Property Type Office - General Office
- Property Size 40,000 SF
- Lot Size 2.5 Acre
- Parking Spaces Avail. 136
- Parking Ratio 3.40/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1988
- Walk Score ® Car-Dependent (41)
- Transit Score ® Some Transit (40)
- Bike Score ® Bikeable (67)
- City Ann Arbor, MI
- Neighborhood Germantown
- Zip Code 48104
- Market Detroit
Points of Interest
U-M Lot SC34
State Street Park and Ride
Eisenhower Center Parking
U-M Lot SC7 (Crisler Center)
U-M Lot SC6 (Crisler Center)
Lot SC 16
U-M Lot SC5 (Crisler Center)
U-M Lot SC20 (Athletics Campus Grey Lot)
Holiday Inn & Suites
Sheraton Ann Arbor Hotel
Extended Stay America
Fairfield Inn Marriott
Red Roof Inn
Comfort Inn & Suites
Hampton Inn Ann Arbor, South
Kensington Court Hotel
Max and Erma's
Romano's Macaroni Grill
Buffalo Wild Wings
Preschool and Family Center
Daycroft Montessori School
Pattengill Elementary School
Pioneer High School
Burns Park Elementary School
Saint Francis of Assisi School
Lawton Elementary School
Little Lamb Nursery & Kindergarten
Towsley Chidren House
Annie's Children's Center
Green Apple Garden Upper Playschool
The Discovery Center
Kozy Heart Daycare Center
Explorer Child Care Learning Center
Stony Creek Preschool
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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
- Base Tax $237,218
- Current Tax $184,382
- Market Value* $6,896,400
- Assessed Value $6,896,400
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 South State Commons III?
South State Commons III totals 40,000 square feet.
When was this property built?
South State Commons III was built in 1988.
When was South State Commons III last sold?
South State Commons III was last sold on 30 Jan, 2006.
What is the market value for South State Commons III?
The market value* for South State Commons III in 2022 was $6,896,400.
*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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