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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 Sqft
  • Lot Size 8.92 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1966

Location

  • City Detroit, MI
  • Neighborhood Boynton
  • Zip Code 48217
  • 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 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
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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 $30,134
  • Market Value $790,600
  • Assessed Value $790,600

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

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 property tax for 2021 South Schaefer?

The property tax for 2021 South Schaefer in 2018 was $30,134.

What is the market value for 2021 South Schaefer?

The market value for 2021 South Schaefer in 2018 was $790,600.

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