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12640 Burt Road

Off-Market

12640 Burt Road, Detroit, MI 48223

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  • Property Type Industrial - Manufacturing
  • Property Size 312,300 SF
  • Lot Size 17.74 Acre
  • Parking Spaces Avail. 153
  • Parking Ratio 0.49 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1931

Location

  • Walk Score ® Car-Dependent (17)
  • Transit Score ® Some Transit (41)
  • Bike Score ® Somewhat Bikeable (36)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Brightmoor
  • Zip Code 48223
  • Market Detroit

Points of Interest

CDM Transport LLC

3.89 miles

Dearborn

5.05 miles

Smith's Creek Depot Station

5.07 miles

Walnut Grove Station

5.15 miles

Firestone Station

5.23 miles

Grand Boulevard

8.76 miles

Baltimore Street

8.83 miles

Detroit

8.83 miles

Amsterdam Street

8.93 miles

Royal Oak

9.04 miles

BP

2.07 miles

Sunoco

2.52 miles

Sunoco

2.56 miles

Marathon

3.17 miles

Livonia, MI Supercharger

4.35 miles

Rhombus Energy Solutions

5.80 miles

Shamrock

5.83 miles

Exxon

5.85 miles

Ferndale Public Library

7.94 miles

Detroit Pistons Performance Center

8.61 miles

Parking Lot G

3.09 miles

Dearborn Hills Golf Course Parking - Free

5.60 miles

Town Center Parking

6.72 miles

underground parking entrance

7.04 miles

Water Tower Parking Lot

8.32 miles

Fisher Building Garage

8.56 miles

Lot 30

8.56 miles

WSU Lot 33

9.10 miles

Parking Lot A

9.61 miles

2966 Cass Lot

9.84 miles

Little Pizza

2.63 miles

Culver's

4.42 miles

Frida Mexican Cuisine

5.21 miles

SamwicH Factory

5.50 miles

KFC

5.57 miles

McDonald's

5.71 miles

El Nibble Nook

5.80 miles

White Castle

5.92 miles

Krispy Krunchy Chicken

6.83 miles

Fu Lin

7.50 miles

Burlington

2.10 miles

Park to Shop

2.34 miles

One Dollar Plus

2.66 miles

Big Lots

4.05 miles

Redford Oaks

4.23 miles

Burlington

4.27 miles

Redford Oaks

4.31 miles

Save-A-Lot

4.39 miles

ALDI

4.49 miles

Macy's

4.49 miles

Detroit Police Department - The Great Northwest District

1.05 miles

Walgreens

2.20 miles

Redford Fire Department Station 2

2.94 miles

Henry Ford Medical Center - Ford Road

3.78 miles

DMC Sinai-Grace Hospital

4.13 miles

DMC Greenfield Health Center

4.23 miles

Henry Ford Medical Center - Fairlane

4.26 miles

Beaumont Internal Medicine

4.31 miles

Henry Ford Medical Center - Livonia

4.40 miles

DMC Northwest Women’s Care

4.43 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 15 Jul, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Tax

  • Base Tax $119,453
  • Current Tax $38,585
  • Market Value* $2,763,800
  • Assessed Value $2,763,800

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 12640 Burt Road?

12640 Burt Road totals 312,300 square feet.

When was this property built?

12640 Burt Road was built in 1931.

When was 12640 Burt Road last sold?

12640 Burt Road was last sold on 15 Jul, 2022.

What is the market value for 12640 Burt Road?

The market value* for 12640 Burt Road in 2021 was $2,763,800.
*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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