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19451 Sherwood Drive

Off-Market

19451 Sherwood Drive, Detroit, MI 48234

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 220,000 Sqft
  • Lot Size 5.81 Acre
  • Parking Spaces Avail. 22
  • Parking Ratio 0.10/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1967

Location

  • City Detroit, MI
  • Neighborhood Grant
  • Zip Code 48234
  • 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 25 Mar, 2014
  • Purchase Price $4,214,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 $107,813
  • Market Value $2,828,600
  • Assessed Value $2,828,600

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

Frequently Asked Questions

What is the total square footage of 19451 Sherwood Drive?

19451 Sherwood Drive totals 220,000 square feet.

When was this property built?

19451 Sherwood Drive was built in 1967.

When was 19451 Sherwood Drive last sold?

19451 Sherwood Drive was last sold on 25 Mar, 2014.

What was the last purchase price for 19451 Sherwood Drive?

19451 Sherwood Drive was last sold for $4,214,000.

What is the property tax for 19451 Sherwood Drive?

The property tax for 19451 Sherwood Drive in 2018 was $107,813.

What is the market value for 19451 Sherwood Drive?

The market value for 19451 Sherwood Drive in 2018 was $2,828,600.

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