Contact Property

1551 Rosa Parks Blvd

Off-Market

1551 Rosa Parks Blvd, Detroit, MI 48216

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Flex - Industrial
  • Property Size 35,650 SF
  • Lot Size 2.89 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1987

Location

  • Walk Score ® Very Walkable (76)
  • Transit Score ® Good Transit (56)
  • Bike Score ® Very Bikeable (88)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48216
  • Market Detroit

Points of Interest

West Riverfront

0.92 miles

Fort/Cass

1.00 miles

Times Square

1.04 miles

Checker Cab #977

1.19 miles

Financial District

1.22 miles

Campus Martius

1.23 miles

Broadway

1.28 miles

Congress Street

1.29 miles

Adelaide Street

1.30 miles

Cadillac Center

1.32 miles

Bedrock QLDC 2

0.10 miles

Bedrock Corktown

0.34 miles

Marathon

0.46 miles

Bedrock Kahn Garage

0.79 miles

Bedrock John R 1

1.45 miles

Beaubien Place Garage

1.67 miles

Wayne State University - Parking Structure #8

1.86 miles

Wayne State University - Parking Structure #5

2.13 miles

Detroit Pistons Performance Center

2.53 miles

Mobil

4.50 miles

Two James Spirits Parking

0.51 miles

AFSCME Lot

0.80 miles

1009 Cass Garage

0.97 miles

Financial District Garage

1.14 miles

Temple West Garage

1.22 miles

2966 Cass Lot

1.25 miles

Tigers/Lions Parking Garage

1.46 miles

WSU Lot 60

1.85 miles

DIA Staff Parking

2.35 miles

Student / Vistor Parking Lot B

6.81 miles

Subway

0.28 miles

Go! Smoothies

1.16 miles

Detroit Made Market

1.16 miles

Standby

1.31 miles

Basement Burger Bar

1.46 miles

The Greek

1.56 miles

Taco Veloz

1.78 miles

Louie's Corned Beef and Ham

2.30 miles

Z's Villa

2.72 miles

A Eagles Coney Island

3.80 miles

Algo Especial Super Market

0.44 miles

Supermercado la Jalisciense

1.11 miles

Amori's Marketplace

2.02 miles

Gratiot Central Market

2.04 miles

Royal Plaza

5.84 miles

The Shops at Woodward Place

5.94 miles

Forman Mills

6.38 miles

Target

6.57 miles

Thrifty Scot

6.67 miles

Big Lots

6.77 miles

Engine Number 8 Fire Station (Closed)

0.38 miles

Ellen A. Thompson Center For Women and Children

1.25 miles

Midtown Rx Pharmacy

1.74 miles

Wayne County Sheriff's Office

1.97 miles

John D. Dingell VA Medical Center

2.03 miles

CVS Pharmacy

2.70 miles

DPD 3rd Precinct

2.86 miles

Henry Ford Hospital

2.88 miles

Engine Number 39 Fire Station

3.48 miles

Team Wellness Center – East

3.48 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 01 Mar, 1999
  • 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 $39,062
  • Current Tax $23,688
  • Market Value* $903,800
  • Assessed Value $903,800

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 1551 Rosa Parks Blvd?

1551 Rosa Parks Blvd totals 35,650 square feet.

When was this property built?

1551 Rosa Parks Blvd was built in 1987.

When was 1551 Rosa Parks Blvd last sold?

1551 Rosa Parks Blvd was last sold on 01 Mar, 1999.

What is the market value for 1551 Rosa Parks Blvd?

The market value* for 1551 Rosa Parks Blvd in 2021 was $903,800.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.