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1.56-Acre Drive-Thru Site 3953 Packard Rd 5,592 SF Retail Building Ann Arbor, MI 48108 $1,700,000 ($304.01/SF)



Investment Highlights
- Commercial Land Use | Former QSR | 1.24 Acre Lot
- Strong Demographics in 5-Mile Trade Area | Direct Consumer Base | Six-Figure Incomes
- Signalized, Hard Corner Intersection | Dense Retail Corridor | Across from Kroger Anchored Center | Interstate 94
Executive Summary
Prime Ann Arbor Location – High-Visibility Corner at Packard & Carpenter Roads
1.56-Acre Redevelopment Site – Ideal for Retail, QSR, Medical, or Mixed-Use Development
Existing 1,560 SF Drive-Thru Building – Built in 2006 with 2 Curb Cuts and ±15 Parking Spaces
Excellent Accessibility – 179 Ft Frontage and Dual Ingress/Egress Points
Strong Demographics – 185K+ Population and $114K Avg. Household Income (5-Mile Radius)
Dense Residential Area – Minutes from Downtown Ann Arbor and University of Michigan
Flexible Zoning – Mixed-Use Designation Offering Multiple Commercial Opportunities
1.56-Acre Redevelopment Site – Ideal for Retail, QSR, Medical, or Mixed-Use Development
Existing 1,560 SF Drive-Thru Building – Built in 2006 with 2 Curb Cuts and ±15 Parking Spaces
Excellent Accessibility – 179 Ft Frontage and Dual Ingress/Egress Points
Strong Demographics – 185K+ Population and $114K Avg. Household Income (5-Mile Radius)
Dense Residential Area – Minutes from Downtown Ann Arbor and University of Michigan
Flexible Zoning – Mixed-Use Designation Offering Multiple Commercial Opportunities
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,592 SF
Building Class
C
Year Built
2006
Price
$1,700,000
Price Per SF
$304.01
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.24 AC
Zoning
BI
Parking
20 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
179’ on Packard Rd
Amenities
- Bus Line
- Signage
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-02-480-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $410,743 |
Property Taxes
Parcel Number
12-02-480-016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$410,743
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