Ann Arbor, MI
Commercial Real Estate Market Trends & Data

$325 Avg asking sale price
$27 Avg asking lease rate
17,095 SF Avg unit lease size
27,303 SF Avg building size for sale
7.46% Average cap rate

Ann Arbor's Demographic Profile

Ann Arbor has 49,230 households and a median income of $73,908, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 118,961
# Households 49,230
Median age 31
Median household income $73,908
Avg household size 2.0
Renter-occupied housing units 27,647
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Ann Arbor, MI

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Ann Arbor $121 53,928 SF 7.59%
Lodi Township $255 15,280 SF 7.00%
Pittsfield Township $129 62,637 SF 7.59%
Nearby Retail Markets Avg Cost/SF Typical Size
Ann Arbor $316 17,806 SF
Scio $219 33,002 SF
Lodi Township $140 11,168 SF
Pittsfield Township $280 39,072 SF
Dexter $192 1,300 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ann Arbor $903 4,910 SF 5.49%
Pittsfield Township $1,660 6,919 SF 5.49%
Ypsilanti $118 52,764 SF 6.86%
Ypsilanti Township $167 52,764 SF 6.86%

Commercial Properties For Sale in Ann Arbor

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1.56-Acre Drive-Thru Site

Ann Arbor, MI 48108

  • 1,560 SF Retail Building
  • $1,700,000
For Sale

78 Jackson Plaza

Ann Arbor, MI 48103

  • 41,373 SF Industrial Building
  • $4,550,000
For Sale

1100 Eisenhower Pl

Ann Arbor, MI 48108

  • 39,450 SF Flex Building
  • $6,509,250
For Sale

4670 Runway Blvd

Ann Arbor, MI 48108

  • 2 AC Lot
  • 1 Commercial Lot
  • $375,000
For Sale

1104 & 1102 Packard St

Ann Arbor, MI 48104

  • 6,919 SF Multifamily
  • 5.49% Cap Rate
  • $3,800,000
For Sale

208 E Washington St

Ann Arbor, MI 48104

  • 3,624 SF Office Building
  • $1,075,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Ann Arbor pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Ann Arbor $325 27,303 SF
Scio $408 20,660 SF
Lodi Township $226 13,224 SF
Pittsfield Township $275 33,216 SF

Multifamily Properties For Sale in Ann Arbor

For Sale

Courthouse Square

Ann Arbor, MI 48104

  • 176,143 SF Multifamily
  • $425,000

Regional Demographic Comparison

This comparison places Ann Arbor alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Ann Arbor or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Ann Arbor 118,961 49,230 31 $73,908 2 27,647 -1%
Scio 17,090 6,706 44 $130,218 3 1,266 -1%
Pittsfield Township 38,232 15,126 38 $92,495 2 6,299 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Ann Arbor, MI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Ann Arbor

View All Commercial Real Estate For Sale in Ann Arbor
Is Ann Arbor a good market for a first-time commercial real estate investor?

Ann Arbor offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Ann Arbor?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Ann Arbor. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Ann Arbor?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Ann Arbor. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Ann Arbor compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Ann Arbor. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Ann Arbor acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Ann Arbor, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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