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2529 Orleans Street

Off-Market

2529 Orleans Street, Detroit, MI 48207

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  • Property Type Industrial
  • Property Size 63,429 SF
  • Lot Size 0.53 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1924

Location

  • Walk Score ® Very Walkable (82)
  • Transit Score ® Good Transit (56)
  • Bike Score ® Bikeable (66)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

Adelaide Street

0.86 miles

Montcalm Street

0.88 miles

Broadway

0.93 miles

Bricktown

0.94 miles

Mack Avenue

0.97 miles

Martin Luther King Junior Boulevard

0.98 miles

Cadillac Center

0.99 miles

Campus Martius

1.09 miles

Renaissance Center

1.16 miles

Millender Center

1.17 miles

Bedrock John R 1

0.75 miles

Wayne State University - Parking Structure #8

1.35 miles

Bedrock Kahn Garage

1.55 miles

Wayne State University - Parking Structure #5

1.95 miles

Bedrock QLDC 1

2.12 miles

Bedrock Corktown

2.12 miles

Bedrock QLDC 2

2.14 miles

Detroit Pistons Performance Center

2.28 miles

Marathon

2.76 miles

Sunoco

3.24 miles

64 Peterboro

1.01 miles

Prime Parking Lot 2

1.05 miles

WSU Lot 75

1.07 miles

GM Lot

1.22 miles

WSU Lot 57

1.35 miles

Downtown Garage

1.39 miles

First Street Parking Deck

1.48 miles

WSU Parking Structure 1

1.93 miles

HAP Lot B

2.55 miles

HFHS Patient Employee Garage

2.77 miles

Standby

0.95 miles

Bucharest Grill

1.09 miles

Freshii

1.14 miles

Dime Store

1.20 miles

Jimmy John's

1.26 miles

Seva

1.29 miles

Detroit Made Market

1.50 miles

Haz Subs and Salads

1.86 miles

Subway

1.92 miles

Z's Villa

2.08 miles

CGX

1.65 miles

Forman Mills

4.26 miles

Save-A-Lot

4.37 miles

The Shops at Woodward Place

5.41 miles

Grand Price Supermarket

7.19 miles

Imperial Supermarket

7.22 miles

Dearborn Fresh Supermarket

7.24 miles

Royal Plaza

7.35 miles

Marshalls

7.96 miles

Liberty Food Center

8.19 miles

Tolan Park Medical Building

0.76 miles

Midtown Rx Pharmacy

1.12 miles

Detroit Police

1.24 miles

Team Wellness Center – East

1.37 miles

Wayne County Sheriff's Office

1.41 miles

Detroit Fire Department HQ

1.52 miles

Riverview Health and Rehab Center

2.07 miles

Russell's Pharmacy

2.53 miles

DPD 3rd Precinct

2.60 miles

Andy's Pharmacy

2.77 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 05 Feb, 2020
  • Purchase Price
  • Arm's Length True
  • 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 (SF) 63,500
View more Detroit market trends

Tax

  • Property Tax in 2021 $51,839
  • Market Value* $1,199,400
  • Assessed Value $1,199,400

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 2529 Orleans Street?

2529 Orleans Street totals 63,429 square feet.

When was this property built?

2529 Orleans Street was built in 1924.

When was 2529 Orleans Street last sold?

2529 Orleans Street was last sold on 05 Feb, 2020.

What is the property tax for 2529 Orleans Street?

The property tax for 2529 Orleans Street in 2021 was $51,839.

What is the market value for 2529 Orleans Street?

The market value* for 2529 Orleans Street in 2021 was $1,199,400.
*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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