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1921 East Ferry Avenue

Off-Market

1921 East Ferry Avenue, Detroit, MI 48211

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 528,681 Sqft
  • Lot Size 2.34 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1928

Location

  • City Detroit, MI
  • Neighborhood Middle East Central
  • Zip Code 48211
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 22 Feb, 2017
  • Arm's Length
  • 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 (Sqft) 63,500
View more Detroit market trends

Tax

  • Property Tax in 2018 $62,029
  • Market Value $1,627,400
  • Assessed Value $1,627,400

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 1921 East Ferry Avenue?

1921 East Ferry Avenue totals 528,681 square feet.

When was this property built?

1921 East Ferry Avenue was built in 1928.

When was 1921 East Ferry Avenue last sold?

1921 East Ferry Avenue was last sold on 22 Feb, 2017.

What is the property tax for 1921 East Ferry Avenue?

The property tax for 1921 East Ferry Avenue in 2018 was $62,029.

What is the market value for 1921 East Ferry Avenue?

The market value for 1921 East Ferry Avenue in 2018 was $1,627,400.

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