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2021 South Schaefer

Off-Market

2021 South Schaefer, Detroit, MI 48217

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 49,522 SF
  • Lot Size 8.92 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1966

Location

  • Walk Score ® Car-Dependent (17)
  • Transit Score ® Some Transit (36)
  • Bike Score ® Somewhat Bikeable (45)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Boynton
  • Zip Code 48217
  • Market Detroit

Points of Interest

Walnut Grove Station

4.15 miles

Firestone Station

4.45 miles

Fort/Cass

6.36 miles

Huntington Place

6.36 miles

Checker Cab #977

6.50 miles

Financial District

6.51 miles

Congress Street

6.61 miles

Campus Martius

6.62 miles

Montcalm Street

6.71 miles

Broadway

6.72 miles

Mobil

1.00 miles

Rhombus Energy Solutions

2.74 miles

Citgo

2.96 miles

Clark

4.05 miles

Bedrock QLDC 2

5.47 miles

Bedrock QLDC 1

5.48 miles

Bedrock Corktown

5.52 miles

Wayne State University - Lot #50

6.63 miles

Marathon

6.85 miles

Bedrock John R 1

6.90 miles

Wyandotte Parking Lot 5

5.25 miles

Tasting Room Parking

5.88 miles

Riverfront Towers Garage

5.99 miles

Huntington Place Washington Blvd. Garage

6.38 miles

454 W Columbia

6.43 miles

ODM Lot

6.55 miles

Griswold Parking

6.58 miles

Franzen Lot

6.74 miles

MSU Lot

6.76 miles

Fisher Building Garage

7.50 miles

Subway

1.06 miles

McDonald's

2.46 miles

On The Border

2.77 miles

Taqueria Mi Pueblo

3.16 miles

Chicago's Pizza

3.17 miles

Subway

4.07 miles

Jimmy John's

4.83 miles

The Goblin

5.11 miles

Pizza Papalis

5.12 miles

Bistro 222

5.31 miles

O'Brien's Market

2.35 miles

TJ Maxx

2.92 miles

South Allen Center

3.01 miles

Kroger

3.35 miles

Shopper's Valley Supermarket

3.49 miles

Target

4.23 miles

Burlington

4.27 miles

Macy's

4.47 miles

Saveland Supermarket

4.51 miles

Fairlane Town Center

4.53 miles

Jana Drugs

2.11 miles

get well UrgentCare

2.20 miles

Engine Number 29 Fire Station

2.51 miles

CVS Pharmacy

2.63 miles

Dearborn Fire Department

3.08 miles

Beaumont Hospital - Dearborn

3.30 miles

CVS Pharmacy

3.34 miles

Wyandotte Police Department

4.39 miles

Wyandotte Fire Station

4.41 miles

CVS Pharmacy

4.62 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 10 Feb, 2015
  • 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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Tax

  • Base Tax $50,404
  • Current Tax $32,701
  • Market Value* $1,166,200
  • Assessed Value $1,166,200

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 2021 South Schaefer?

2021 South Schaefer totals 49,522 square feet.

When was this property built?

2021 South Schaefer was built in 1966.

When was 2021 South Schaefer last sold?

2021 South Schaefer was last sold on 10 Feb, 2015.

What is the market value for 2021 South Schaefer?

The market value* for 2021 South Schaefer in 2021 was $1,166,200.
*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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