18074 Sherwood Street

18074 Sherwood Street, Detroit, MI 48234

Off-Market

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  • Property Type Industrial
  • Property Size 30,643 SF
  • Lot Size 1.9 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1984

Location

  • Walk Score ® Car-Dependent (29)
  • Transit Score ® Some Transit (49)
  • Bike Score ® Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Grant
  • Zip Code 48234
  • Market Detroit

Points of Interest

Transportation

Grand Boulevard

4.43 miles

Baltimore Street

4.52 miles

Detroit

4.58 miles

Amsterdam Street

4.64 miles

Mack Avenue

5.67 miles

Martin Luther King Junior Boulevard

5.69 miles

Checker Cab #977

5.99 miles

Sproat Street

6.00 miles

Adelaide Street

6.04 miles

Grand Circus Park

6.35 miles

Fuel station

Citgo

3.52 miles

Detroit Pistons Performance Center

4.97 miles

Wayne State University - Parking Structure #5

5.24 miles

BP

5.24 miles

Wayne State University - Parking Structure #8

5.33 miles

Citgo

5.42 miles

Blink

5.60 miles

Bedrock John R 1

5.88 miles

Mobil

6.25 miles

Marathon

6.83 miles

Parking

HAP Lot A

4.94 miles

VA Blue Parking Deck

5.21 miles

Parking Structure 5

5.22 miles

WSU Lot 54

5.31 miles

Student / Vistor Parking Lot F

5.38 miles

Faculty / Staff Parking Lot E

5.38 miles

DMC Central Deck

5.43 miles

River Place Parking Garage

6.20 miles

Ford Underground Parking

6.81 miles

Huntington Place Washington Blvd. Garage

6.94 miles

Restaurants

Prince Pizza chicken & Ribs

2.20 miles

Jet's Pizza

3.53 miles

McDonald's

4.43 miles

Wendy's

4.50 miles

Arby's

4.72 miles

Campus Diner

4.98 miles

Frenchies

5.05 miles

Kuzzo's Chicken & Waffles Southern Cafe

5.59 miles

Pie-Sci

5.61 miles

Slices

6.59 miles

Stores

7 Mile Foods

0.76 miles

Al-Haramain International Foods

2.16 miles

Glory Supermarket

2.17 miles

Mazen Foods

2.39 miles

Mike's Fresh Market

2.84 miles

The Shops at Woodward Place

3.70 miles

Forman Mills

3.93 miles

Marshalls

4.66 miles

ALDI

5.14 miles

Eastland Center

5.18 miles

Safety

St. John Providence Hospital

1.22 miles

Rite Aid

2.86 miles

Life-alysis Kidney Center

3.32 miles

StoneCrest Center

3.37 miles

CVS Pharmacy

3.87 miles

CVS Pharmacy

4.33 miles

Precinct 12 Police Station

4.39 miles

Engine Co. 17 Fire Station

4.80 miles

DPD 3rd Precinct

4.80 miles

PharMore

5.09 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 27 Sep, 2017
  • 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 $27,756
  • Current Tax $16,728
  • Market Value* $642,200
  • Assessed Value $642,200

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 18074 Sherwood Street?

18074 Sherwood Street totals 30,643 square feet.

When was this property built?

18074 Sherwood Street was built in 1984.

When was 18074 Sherwood Street last sold?

18074 Sherwood Street was last sold on 27 Sep, 2017.

What is the market value for 18074 Sherwood Street?

The market value* for 18074 Sherwood Street in 2021 was $642,200.
*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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