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1480 East Jefferson Avenue

Off-Market

1480 East Jefferson Avenue, Detroit, MI 48207

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  • Property Type Office - General Office
  • Property Size 26,436 SF
  • Lot Size 3.7 Acre
  • Parking Spaces Avail. 74
  • Parking Ratio 2.80/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1968

Location

  • Walk Score ® Very Walkable (83)
  • Transit Score ® Good Transit (67)
  • Bike Score ® Very Bikeable (85)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Lower East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

Bricktown

0.53 miles

Renaissance Center

0.55 miles

Greektown

0.59 miles

Millender Center

0.63 miles

Cadillac Center

0.78 miles

Congress Street

0.81 miles

Campus Martius

0.85 miles

Campus Martius

0.86 miles

Broadway

0.89 miles

Financial District

0.90 miles

Mobil

0.26 miles

Speedway

0.32 miles

Beaubien Place Garage

0.51 miles

Shell

0.52 miles

BP

1.13 miles

Mobil

1.14 miles

Marathon

1.26 miles

Bedrock John R 1

1.28 miles

Bedrock Kahn Garage

1.31 miles

Exxon

1.47 miles

Detroit Riverwalk Parking

0.23 miles

River East Garage

0.27 miles

D-4 Lot

0.30 miles

D-2 Lot

0.31 miles

D-3 Lot

0.34 miles

BCBS Employee Deck

0.37 miles

GM Lot

0.37 miles

D-1 Lot

0.37 miles

Franklin Deck

0.39 miles

Hollywood Casino at Greektown Parking

0.49 miles

Rivertown Inn & Suites

0.15 miles

Comfort Inn

0.28 miles

Hollywood Casino at Greektown

0.52 miles

Detroit Marriott at the Renaissance Center

0.59 miles

Courtyard by Marriott Detroit Downtown

0.60 miles

Courtyard

0.60 miles

Atheneum Suite Hotel

0.61 miles

Hilton Garden Inn Detroit Downtown

0.73 miles

Roberts Riverwalk Hotel

0.83 miles

Shinola Hotel

0.90 miles

Steve's Soul Food

0.10 miles

Clique Restaurant

0.15 miles

Main Street Grill & Coney Island

0.26 miles

Potbelly

0.54 miles

Wahlburgers

0.55 miles

Red Smoke Barbeque

0.55 miles

Pegasus Taverna

0.55 miles

Monroe St. Steakhouse

0.55 miles

Mr. Steven's

0.56 miles

New Parthenon

0.57 miles

Walter P. Chrysler Elementary School

0.31 miles

University of Detroit Mercy Law School

0.37 miles

Woodward Academy

0.40 miles

University Prep Science & Math High School

0.57 miles

Bunche Preparatory Academy

0.77 miles

Detroit Academy of Arts and Sciences

0.78 miles

Jessie C Kennedy Institute

0.90 miles

Grand Valley State University Detroit Center

0.93 miles

University Prep Science & Math Elementary - Sidney D. Miller Campus

0.95 miles

Michigan Institute for Construction Trades

0.95 miles

Midtown KinderCare

1.53 miles

Matrix Headstart

1.94 miles

Sha-Sha's Kiddy Korner

2.24 miles

Kingdom Care Learning Center

2.89 miles

Vista's Nuevas Headstart Gasper Fiore Center

3.28 miles

Matrix Head Start Infinity II

3.85 miles

Henry Ford Kids Child Care Center

3.86 miles

Angel Land Child & Parent Center

4.53 miles

Growing Minds Learning Center

6.45 miles

The Clifton Daycare and Development Center

6.78 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

  • Property Tax in 2021 $86,052
  • Market Value* $1,991,000
  • Assessed Value $1,991,000

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 1480 East Jefferson Avenue?

1480 East Jefferson Avenue totals 26,436 square feet.

When was this property built?

1480 East Jefferson Avenue was built in 1968.

What is the property tax for 1480 East Jefferson Avenue?

The property tax for 1480 East Jefferson Avenue in 2021 was $86,052.

What is the market value for 1480 East Jefferson Avenue?

The market value* for 1480 East Jefferson Avenue in 2021 was $1,991,000.
*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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