MEM Developing
4488 Jackson Rd Suite 15, Ann Arbor, MI 48103
Ann Arbor, Michigan, United States
Address
City: Ann Arbor
Neighborhood: Haisley
State: Michigan
Postal Code: 48103
Country: United States
Business facts
Estimated annual revenue~$457.6K
Estimated employees~2
In business since2022 (est.)
Estimate based on strong signals
Area statistics (48103)
Population54,563
Median household income$113,829
Source: US Census ACS
About
MEM Developing, owned and operated by third-generation mason Mike Marquardt, specializes in the application and repair of natural and cultured stone, brick veneer, and block foundations. They are open to bidding on projects for builders and residents in need of masonry services.
Market analysis
Earning around its category median in a growing category (Masonry Contractor).
EstimateCategory trend: 2024, +4.6%
Revenue trend (modeled)
~$354.1K2019
~$358.6K2020
~$392.7K2021
~$434.0K2022
~$464.2K2023
~$457.6K2024
Modeled from official industry statistics+5.3%/yr since 201980% confidence band: ±42%
Property
Lot size0.73 acres
CountyWashtenaw
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Masonry Contractor in Michigan | 656 | ~$1.1B | ~$1.7M | ~$514.9K | 4.9★ | 0.9× |
Category revenue trend2024: +4.6%2023: +8.1%2022: +8.2%2021: +5.3%Modeled from business-level estimates
Chain pressure35 chains expanding in this category, led by HB Metal Roofing, My Quality Construction, Invisible Fence (+117 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 365 | ~$941.8M | ~$2.6M | ~$865.8K | 3,102 | ~$344.6M | 0.5× |
| Construction | 10 | ~$13.3M | ~$1.3M | — | 39 | — | — |
1 km area (all businesses): median from the 327 of 365 businesses with estimates
Estimate
Area conditions (48103)
Population54,563 ±1,448
Median household income$113,829 ±$5,976
Median home value$440,600
Bachelor's degree or higher0.8%
Unemployment rate0.0%
Source: US Census ACS