401 W Morgan Rd

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401 W Morgan Rd

Ann Arbor, MI 48108
Asking Price
$5.66M
Asset Type
Industrial
Class
Class B

What's Special

401 W Morgan Road is situated in Pittsfield Township, just south of Ann Arbor, Michigan. The property is located within a light industrial and commercial corridor characterized by professional business parks and distribution facilities. The site offers immediate proximity to major transportation arteries, including the US-23 and I-94 interchange, providing efficient regional connectivity to Detroit and Toledo. Nearby amenities include a variety of retail centers, dining options, and service providers along the State Street and Lohr Road corridors. The property is well-suited for light manufacturing, regional distribution, or research and development operations. Given its strategic location near the University of Michigan and the metropolitan Detroit market, the site aligns with the needs of logistics firms, engineering groups, or high-tech assembly companies. The layout and zoning support businesses requiring professional office space integrated with functional warehouse or production areas.

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NOI
$80,000
Cap Rate
1.41%
DSCR
0.24
Underwater
Cash-on-Cash
-15.08%
Monthly Payment
$27,993.686
Annual Cash Flow
$-255,924.237

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