For Sale
Ann Arbor, MI
Commercial Real Estate Market Trends & Data
$321
Avg asking sale price
$27
Avg asking lease rate
7,552 SF
Avg unit lease size
26,155 SF
Avg building size for sale
7.29%
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{{marketTabDescriptions[activeMarketTab]}}
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Ann Arbor | $131 | 48,916 SF | 7.59% |
| Lodi Township | $178 | 15,280 SF | 7.00% |
| Pittsfield Township | $183 | 59,488 SF | 7.59% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Ann Arbor | $411 | 23,066 SF |
| Lodi Township | $140 | 11,168 SF |
| Pittsfield Township | $308 | 67,386 SF |
| Dexter | $192 | 75,650 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Ann Arbor | $796 | 11,818 SF | 5.49% |
| Pittsfield Township | $1,660 | 6,919 SF | 5.49% |
| Ypsilanti | $116 | 44,723 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.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $321 | 26,155 SF |
| Scio | $420 | 35,047 SF |
| Lodi Township | $194 | 11,168 SF |
| Pittsfield Township | $279 | 35,354 SF |
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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