14300 Schaefer Hwy

14300 Schaefer Hwy, Detroit, MI 48227

Off-Market

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 53,975 SF
  • Lot Size 3.61 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1968

Location

  • Walk Score ® Car-Dependent (46)
  • Transit Score ® Some Transit (45)
  • Bike Score ® Somewhat Bikeable (42)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Harmony Village
  • Zip Code 48227
  • Market Detroit

Points of Interest

Transportation

CDM Transport LLC

1.64 miles

Baltimore Street

5.65 miles

Amsterdam Street

5.79 miles

Warren Avenue

6.28 miles

Walnut Grove Station

6.42 miles

Smith's Creek Depot Station

6.50 miles

Canfield Street

6.59 miles

Checker Cab #977

6.77 miles

Royal Oak

6.79 miles

Mack Avenue

6.92 miles

Fuel station

Marathon

1.71 miles

Citgo

2.19 miles

Mobil

2.82 miles

Marathon

3.56 miles

Citgo

4.12 miles

Mobil

4.30 miles

Marathon

4.92 miles

Detroit Pistons Performance Center

5.53 miles

Wayne State University - Parking Structure #5

5.85 miles

Wayne State University - Lot #50

5.92 miles

Parking

Student Parking Lot I

2.52 miles

Parking Structure 5

5.83 miles

Karmanos Valet Lot

6.76 miles

3110 Cass

7.00 miles

Trolley Plaza Garage

7.64 miles

Federal Parking Lot 1

7.68 miles

Detroit Opera Lot

7.71 miles

Ford Field Parking Deck

7.78 miles

Griswold Capitol Park

7.83 miles

Hollywood Casino at Greektown Express Valet Garage

8.00 miles

Restaurants

McDonald's

1.81 miles

McDonald's

3.22 miles

Apollo Coney Island

4.05 miles

Einstein Bagels

4.52 miles

Krispy Krunchy Chicken

5.67 miles

Demi's Restaurant & Bar

5.71 miles

Subway

5.79 miles

The Boneyard

6.07 miles

Colombo's Coney Island

6.51 miles

Urban Ramen

6.64 miles

Stores

Americana Foods

1.66 miles

Royal Plaza

3.42 miles

The Shops at Woodward Place

4.05 miles

One Dollar Plus

4.37 miles

Marshalls

4.56 miles

Big Lots

4.58 miles

John R. Food Market

4.69 miles

The Rust Belt Market

5.13 miles

Fairlane Town Center

5.80 miles

Redford Oaks

6.37 miles

Safety

Beaumont Northside Family Medicine

1.12 miles

Engine Number 49 Fire Station

1.15 miles

Engine Number 30 Fire Station

1.38 miles

DFD Engine 51 firehouse (Squad 5, Medic 18)

2.88 miles

Grace Medical Pharmacy

3.48 miles

Henry Ford Kingswood Hospital

3.76 miles

Chase Medical Center

4.08 miles

Oakland Regional Hospital

4.63 miles

Engine Number 35 Fire Station

4.98 miles

Andy's Pharmacy

5.03 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 Date 23 Apr, 2004
  • 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 $37,152
  • Current Tax $23,487
  • Market Value* $859,600
  • Assessed Value $859,600

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 14300 Schaefer Hwy?

14300 Schaefer Hwy totals 53,975 square feet.

When was this property built?

14300 Schaefer Hwy was built in 1968.

When was 14300 Schaefer Hwy last sold?

14300 Schaefer Hwy was last sold on 23 Apr, 2004.

What is the market value for 14300 Schaefer Hwy?

The market value* for 14300 Schaefer Hwy in 2021 was $859,600.
*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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