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14225 Schaefer Hwy

Off-Market

14225 Schaefer Hwy, Detroit, MI 48227

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 54,048 SF
  • Lot Size 1.75 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1950

Location

  • Walk Score ® Car-Dependent (48)
  • Transit Score ® Some Transit (46)
  • Bike Score ® Somewhat Bikeable (43)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Mackenzie
  • Zip Code 48227
  • Market Detroit

Points of Interest

CDM Transport LLC

1.76 miles

Grand Boulevard

5.60 miles

Detroit

5.70 miles

Amsterdam Street

5.82 miles

Ferry Street

6.10 miles

Walnut Grove Station

6.25 miles

Warren Avenue

6.30 miles

Smith's Creek Depot Station

6.33 miles

Dearborn

6.49 miles

Canfield Street

6.60 miles

UF

1.79 miles

Marathon

2.34 miles

Mobil

2.78 miles

Mobil

3.30 miles

Shell

3.84 miles

Detroit Pistons Performance Center

5.56 miles

Sunoco

5.63 miles

Rhombus Energy Solutions

5.78 miles

Wayne State University - Parking Structure #5

5.87 miles

Eagle Fuel

5.99 miles

HFHS Patient Employee Garage

5.11 miles

HAP Lot B

5.29 miles

WSU Parking Structure 1

5.92 miles

WSU Lot 57

6.49 miles

WSU Lot 75

6.77 miles

64 Peterboro

6.97 miles

Prime Parking Lot 2

7.44 miles

First Street Parking Deck

7.84 miles

Downtown Garage

7.91 miles

GM Lot

8.55 miles

Wingstop

4.82 miles

La Feast Grill

5.27 miles

La Noria Bistrot

5.45 miles

Z's Villa

5.87 miles

Grinder Zee of Hazel Park

6.15 miles

Checkers

6.40 miles

Colombo's Coney Island

6.44 miles

Seva

6.53 miles

Panera Bread

7.60 miles

Standby

7.82 miles

Liberty Food Center

1.86 miles

Royal Fresh Market

2.43 miles

Royal Plaza

3.26 miles

Saturn Super Foods

3.86 miles

The Shops at Woodward Place

4.18 miles

One Dollar Plus

4.20 miles

Target

4.53 miles

Dearborn Fresh Supermarket

4.64 miles

Ferndale Foods

5.17 miles

Aaron's

5.26 miles

Engine Number 40 Fire Station

2.33 miles

Engine Number 42 Fire Station

2.66 miles

Engine Number 54 Fire Station

3.88 miles

Detroit Police Department Eight Precinct

4.15 miles

Engine Number 39 Fire Station

4.24 miles

Ascension Providence Hospital, Southfield Campus

4.74 miles

Oakland Regional Hospital

4.75 miles

Detroit Police Training Academy

4.90 miles

Institute for Population Health

5.01 miles

Engine Number 35 Fire Station

5.05 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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 $28,482
  • Current Tax $10,533
  • Market Value* $659,000
  • Assessed Value $659,000

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 14225 Schaefer Hwy?

14225 Schaefer Hwy totals 54,048 square feet.

When was this property built?

14225 Schaefer Hwy was built in 1950.

What is the market value for 14225 Schaefer Hwy?

The market value* for 14225 Schaefer Hwy in 2021 was $659,000.
*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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