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163 Morrell Street

Off-Market

163 Morrell Street, Detroit, MI 48209

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  • 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

Location

  • Walk Score ® Car-Dependent (50)
  • Transit Score ® Some Transit (42)
  • Bike Score ® Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood West Riverfront
  • Zip Code 48209
  • Market Detroit

Points of Interest

West Riverfront

2.40 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

Montcalm Street

2.99 miles

Bedrock QLDC 1

1.75 miles

Bedrock Kahn Garage

2.40 miles

UF Gas Station

2.63 miles

Beaubien Place Garage

3.20 miles

Bedrock John R 1

3.20 miles

Wayne State University - Lot #50

3.24 miles

Citgo

3.31 miles

Wayne State University - Parking Structure #8

3.47 miles

Wayne State University - Parking Structure #5

3.55 miles

Wayne State University - Parking Structure #6

3.65 miles

Detroit Public Safety Headquarters Parking Garage

2.35 miles

Two Detroit Center Garage

3.00 miles

DPS Lot

3.10 miles

MSU Lot

3.11 miles

Gem Garage

3.17 miles

D-3 Lot

3.35 miles

D-2 Lot

3.41 miles

Lot 34

3.84 miles

HFHS Staff Garge

4.23 miles

Faculty / Visitor Parking Lot C

7.49 miles

Mudgie's

2.16 miles

Detroit Made Market

2.67 miles

Buffalo Wild Wings

3.08 miles

M Cantina

4.14 miles

Pizza Kitchen

5.10 miles

KFC

5.97 miles

Chick-fil-A

6.12 miles

McDonald's

6.41 miles

Cottage Inn Pizza

6.67 miles

Subway

7.26 miles

Honey Bee Market La Colmena

1.46 miles

Save More & Discount

2.28 miles

Rivertown Market

3.59 miles

Zain International Market

4.21 miles

Royal Plaza

5.13 miles

Save-A-Lot

5.17 miles

Target

5.52 miles

Burlington

5.69 miles

Big Lots

5.75 miles

Target

6.03 miles

Clínica Médica Familiar

0.75 miles

Elite Health

0.77 miles

Engine Number 29 Fire Station

1.29 miles

Engine Number 37 Fire Station

1.82 miles

Ellen A. Thompson Center For Women and Children

2.11 miles

Detroit Police Department HQ

2.37 miles

Detroit Engine No. 5

3.18 miles

River Rouge Police Station

3.24 miles

Detroit Medical Center

3.61 miles

John D. Dingell VA Medical Center

3.67 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

  • Base Tax $49,582
  • Current Tax $11,252
  • Market Value* $1,147,200
  • Assessed Value $1,147,200

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 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 2021 was $1,147,200.
*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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