163 Morrell Street

Off-Market

163 Morrell Street, Detroit, MI 48209

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

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 49,269 SF
  • Lot Size 3.75 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1951

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
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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.

  • 2022 Avg. Asking Rent $27.10
  • 2022 Office Vacancy Rate 25.71%
  • 2022 Office Completions (SF) 232,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    50/100 Car-Dependent
  • Transit Score ®

    42/100 Some Transit
  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood West Riverfront
  • Zip Code 48209
  • Market Detroit

Points of Interest

  • West Riverfront

    2.40 miles

  • Fort/Cass

    2.62 miles

  • Huntington Place

    2.63 miles

  • Michigan

    2.66 miles

  • Times Square

    2.75 miles

  • Financial District

    2.79 miles

  • Checker Cab #977

    2.87 miles

  • Congress Street

    2.88 miles

  • Campus Martius

    2.89 miles

  • Grand Circus Park

    2.90 miles

  • Shell

    0.14 miles

  • BP

    0.34 miles

  • Marathon

    0.38 miles

  • Mobil

    0.78 miles

  • Ammex

    0.95 miles

  • Citgo

    0.98 miles

  • Mobil

    1.24 miles

  • Mobil

    1.37 miles

  • Citgo

    1.42 miles

  • Exxon

    1.56 miles

  • Truck Parking

    1.20 miles

  • Two James Spirits Parking

    1.71 miles

  • St. Gabriel Parish Parking Lot

    1.82 miles

  • WCCC Lot

    1.94 miles

  • Comerica Ford Field Parking

    2.05 miles

  • Tasting Room Parking

    2.14 miles

  • Howard Lot B

    2.16 miles

  • Howard Lot C

    2.17 miles

  • Howard Lot A

    2.19 miles

  • Riverfront Towers Garage

    2.27 miles

  • Detroit 75 Kitchen

    0.16 miles

  • Subway

    0.35 miles

  • El Caporal

    0.45 miles

  • China House

    0.72 miles

  • Little Caesars

    0.74 miles

  • El Catracho

    0.74 miles

  • Duly's Place Coney Island

    0.75 miles

  • Ho Ho Village Restaurant

    0.75 miles

  • El Parian

    0.75 miles

  • El Palenque

    0.75 miles

  • Hacienda Mexican Foods

    0.81 miles

  • E & L Supermercado

    0.85 miles

  • La Jalisciense Supermercado / Taqueria

    0.92 miles

  • Supermercado la Jalisciense

    0.92 miles

  • Algo Especial Super Market

    1.39 miles

  • La Fiesta Market Carniceria

    1.45 miles

  • Honey Bee Market La Colmena

    1.46 miles

  • Azteca Supermercado

    1.64 miles

  • Prince Valley Supermercado Gigante

    1.88 miles

  • Vernor Food Center

    2.02 miles

  • CHASS Center

    0.12 miles

  • Engine Number 27 Fire Station

    0.51 miles

  • Southwest Discount Pharmacy

    0.75 miles

  • Clínica Médica Familiar

    0.75 miles

  • Rite Health Farmacía

    0.76 miles

  • Elite Health

    0.77 miles

  • Liberty Pharmacy

    0.77 miles

  • CVS Pharmacy

    0.81 miles

  • Detroit Fire Department - Engine 16 (Fire Boat)

    0.87 miles

  • Town Pharmacy

    0.88 miles

Frequently Asked Questions

What is the total square footage of 163 Morrell Street?

163 Morrell Street totals 49,269 square feet.

When was this property built?

163 Morrell Street was built in 1951.

What is the market value for 163 Morrell Street?

The market value* for 163 Morrell Street in 2022 was $1,182,600.
*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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