5141 PLATT RD

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5141 PLATT RD

ANN ARBOR, MI 48108-9727
Asking Price
$850K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail development site located at 5141 Platt Rd in Ann Arbor.
  • Property is situated within the growing Pittsfield Township area.
  • Asking price for this development land is set at $850,000.
  • Site features proximity to both US-23 and I-94 highway systems.
  • Development opportunity suited for neighborhood retail or service business use.

What's Special

Retail development at 5141 Platt Rd presents a strategic opportunity for commercial growth in Ann Arbor, Michigan. This site is positioned within Pittsfield Township, an area characterized by steady demand and proximity to critical regional transit routes. Given its location, the parcel is well-suited for neighborhood retail projects or service-oriented business establishments looking to serve the local community and surrounding residential base. Investors and developers can capitalize on the parcel's accessibility, as the site provides convenient connectivity to US-23 and I-94. This major highway intersection facilitates efficient logistics and attracts steady traffic flow from throughout the metro area. Whether planning a new build or considering future commercial expansion, this property provides a foundational asset in a well-connected suburban environment. Its location serves as an entry point to the broader Ann Arbor economy, which remains a hub for education, research, and healthcare industry development.

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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965

Location & Travel Times