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18401 Sherwood Street

Off-Market

18401 Sherwood Street, Detroit, MI 48234

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 28,000 SF
  • Lot Size 1.18 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1964

Location

  • Walk Score ® Car-Dependent (33)
  • Transit Score ® Some Transit (48)
  • Bike Score ® Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Grant
  • Zip Code 48234
  • Market Detroit

Points of Interest

Grand Boulevard

4.48 miles

Baltimore Street

4.57 miles

Detroit

4.64 miles

Amsterdam Street

4.70 miles

Warren Avenue

5.14 miles

Canfield Street

5.43 miles

Mack Avenue

5.75 miles

Martin Luther King Junior Boulevard

5.77 miles

Checker Cab #977

6.07 miles

Montcalm Street

6.24 miles

Sunoco

1.51 miles

Marathon

3.41 miles

BP

4.12 miles

Sunoco

4.61 miles

Detroit Pistons Performance Center

5.02 miles

BP

5.05 miles

Wayne State University - Parking Structure #6

5.19 miles

Wayne State University - Parking Structure #5

5.30 miles

Wayne State University - Parking Structure #8

5.40 miles

Wayne State University - Lot #50

5.60 miles

CCS Woodward Lot

4.61 miles

Garfield Manor lot

5.33 miles

WSU Lot 54

5.38 miles

Eastern Market Lot #8

5.51 miles

Temple West Garage

6.11 miles

454 W Columbia

6.44 miles

ODM Lot G

6.49 miles

Center Garage

6.96 miles

620 Third

7.07 miles

4330 Larkins St Parking

8.38 miles

Coney Island

3.31 miles

Double EE Restaurant

4.61 miles

Christine's Cuisine

5.13 miles

Woodpile BBQ

5.46 miles

Mediterranean Street Food

5.49 miles

Russell Street Deli

5.75 miles

Dexter Coney Island

5.77 miles

Grey Ghost

5.87 miles

Papa Romano's Pizza

6.06 miles

ZZ Market & Grill

6.28 miles

Food Palace Supermarket

1.16 miles

Value Fresh Marketplace

3.62 miles

The Shops at Woodward Place

3.68 miles

Forman Mills

4.02 miles

King Saver Foods

5.20 miles

Eastland Center

5.21 miles

Shoppers World

5.21 miles

Aaron's

5.49 miles

Walmart Supercenter

5.56 miles

The Rust Belt Market

5.65 miles

St. John Providence Hospital

1.18 miles

Engine Number 56 Fire Station

1.50 miles

Hamtramck Police

2.22 miles

Precinct 9 Police Station

2.38 miles

Hamtramck Fire Department

2.51 miles

Engine Number 64 Fire Station

2.66 miles

Michigan Surgical Hospital

2.94 miles

StoneCrest Center

3.39 miles

Nolan Family Health Center

3.60 miles

Ford Wellness Center

3.80 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 23 Dec, 2010
  • 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 $20,253
  • Current Tax $11,598
  • Market Value* $468,600
  • Assessed Value $468,600

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 18401 Sherwood Street?

18401 Sherwood Street totals 28,000 square feet.

When was this property built?

18401 Sherwood Street was built in 1964.

When was 18401 Sherwood Street last sold?

18401 Sherwood Street was last sold on 23 Dec, 2010.

What is the market value for 18401 Sherwood Street?

The market value* for 18401 Sherwood Street in 2021 was $468,600.
*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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