847 Avis Dr

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847 Avis Dr

Ann Arbor, MI 48108
Asking Price
$5.20M
Asset Type
Industrial
Class
Class B

What's Special

847 Avis Dr is situated within the Avis Farms Research and Business Park in south Ann Arbor, Michigan. The surrounding neighborhood is characterized by a mix of corporate headquarters, research facilities, and light industrial complexes. The property benefits from its proximity to State Street and Michigan Avenue, providing direct access to the I-94 interchange. Nearby amenities include several hotels, casual dining options, and the Pittsfield Township administrative offices. Regional transit is supported by the nearby Ann Arbor Municipal Airport and close proximity to the University of Michigan campus. The facility’s layout and location make it suitable for light manufacturing, research and development, or high-tech laboratory operations. Given the regional economic landscape, typical tenants include engineering firms, biotechnology companies, and logistics providers requiring climate-controlled warehouse space. The property is designed to accommodate businesses seeking a professional business park setting with flexible floor plans for office-medical or specialized industrial integration. Its accessibility to major transit corridors serves companies focused on regional distribution and technical services.

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NOI
$80,000
Cap Rate
1.54%
DSCR
0.26
Underwater
Cash-on-Cash
-14.66%
Monthly Payment
$25,726.763
Annual Cash Flow
$-228,721.153

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