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1012 East Palmer Street

Off-Market

1012 East Palmer Street, Detroit, MI 48211

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  • Property Type Industrial - Manufacturing
  • Property Size 39,736 SF
  • Lot Size 0.9 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1929

Location

  • Walk Score ® Somewhat Walkable (56)
  • Transit Score ® Good Transit (50)
  • Bike Score ® Bikeable (53)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Upper East Central
  • Zip Code 48211
  • Market Detroit

Points of Interest

Warren Avenue

0.73 miles

Amsterdam Street

0.74 miles

Baltimore Street

0.84 miles

Canfield Street

0.98 miles

Mack Avenue

1.31 miles

Martin Luther King Junior Boulevard

1.33 miles

Checker Cab #977

1.61 miles

Sproat Street

1.68 miles

Montcalm Street

1.87 miles

Grand Circus Park

2.09 miles

Wayne State University - Parking Structure #6

0.79 miles

Wayne State University - Parking Structure #8

0.95 miles

Detroit Pistons Performance Center

1.10 miles

Wayne State University - Lot #50

1.31 miles

Bedrock John R 1

1.58 miles

Bedrock Kahn Garage

2.64 miles

Beaubien Place Garage

2.72 miles

Bedrock QLDC 1

2.83 miles

Bedrock QLDC 2

2.86 miles

Mobil

3.26 miles

DIA Visitor Parking

0.54 miles

VA Blue Parking Deck

0.83 miles

WSU Lot 70

1.05 miles

Henry West Garage

1.85 miles

ODM Lot I

2.06 miles

1370 Cass Lot

2.27 miles

BCBM W Congress Deck

2.40 miles

Blue Cross Jefferson Garage

2.57 miles

Student / Vistor Parking Lot D

5.18 miles

Church parking lot

7.43 miles

Domino's

0.62 miles

Fresh Rootz, LLC

0.86 miles

Le Petit Zinc

1.14 miles

Papa's Pizza

1.60 miles

Fu Lin

2.19 miles

Bucharest Grill

2.51 miles

Ima

2.59 miles

Detroit Made Market

2.79 miles

Las Cazuelas

4.07 miles

Detroit Grill & Deli

5.71 miles

Family Foods Superstore

2.17 miles

Save-A-Lot

2.21 miles

Amori's Marketplace

2.58 miles

Honey Bee Market La Colmena

3.00 miles

CGX

3.05 miles

The Shops at Woodward Place

3.81 miles

Forman Mills

4.33 miles

Zain International Market

5.35 miles

Marshalls

6.35 miles

Royal Plaza

6.62 miles

Waller Health Center

0.73 miles

John D. Dingell VA Medical Center

0.77 miles

WSU Police Department

0.79 miles

Wayne County Sheriff's Office

0.86 miles

Detroit Medical Center

0.94 miles

PharMor

1.06 miles

Planned Parenthood

1.13 miles

Gateway Health Center

1.24 miles

Detroit Behavioral Institute

1.27 miles

Henry Ford Hospital

1.50 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Detroit

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Detroit Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80%
  • 2020 Office Completions (SF) 63,500
View more Detroit market trends

Tax

  • Base Tax $30,885
  • Current Tax $27,322
  • Market Value* $714,600
  • Assessed Value $714,600

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1012 East Palmer Street?

1012 East Palmer Street totals 39,736 square feet.

When was this property built?

1012 East Palmer Street was built in 1929.

What is the market value for 1012 East Palmer Street?

The market value* for 1012 East Palmer Street in 2021 was $714,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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