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2531 Riopelle Street

Off-Market

2531 Riopelle Street, Detroit, MI 48207

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  • Property Type Industrial
  • Property Size 37,245 SF
  • Lot Size 0.12 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1927

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

0.84 miles

Sproat Street

0.86 miles

Montcalm Street

0.86 miles

Greektown

0.88 miles

Montcalm Street

0.88 miles

Broadway

0.93 miles

Grand Circus Park

0.93 miles

Bricktown

0.94 miles

Grand Circus Park

0.95 miles

Mack Avenue

0.95 miles

BP

0.37 miles

Exxon

0.53 miles

Bedrock John R 1

0.73 miles

Marathon

0.97 miles

Mobil

0.98 miles

Speedway

1.00 miles

Shell

1.06 miles

Marathon

1.22 miles

Marathon

1.22 miles

Beaubien Place Garage

1.23 miles

Eastern Market parking garage

0.09 miles

Eastern Market Lot #8

0.28 miles

Ford Field Lot 6

0.48 miles

Ford Field Parking Deck

0.52 miles

Ford Field Lot 4

0.54 miles

Ford Field Lot 5

0.59 miles

Tigers/Lions Parking Garage

0.66 miles

Prime Parking Lot 1

0.66 miles

1500 Beaubien Lot

0.70 miles

Gem Garage

0.72 miles

Farmer's Restaurant

0.02 miles

Jose’s Tacos

0.03 miles

BB's Butcher's Inn

0.04 miles

Beyond Juice and Eatery

0.10 miles

Cutter's

0.11 miles

Zef's Coney Island

0.12 miles

Russell Street Deli

0.12 miles

Supino Pizzeria

0.12 miles

Stache International

0.15 miles

Casings & Twine

0.15 miles

Gratiot Central Market

0.16 miles

Whole Foods Market

0.90 miles

Family Fair Marketplace

0.92 miles

Rivertown Market

0.94 miles

Amori's Marketplace

1.00 miles

City Market Detroit

1.08 miles

Gordon Food Service

1.16 miles

Food Pride Super Market

1.27 miles

Save-A-Lot

1.35 miles

Harbortown Market

1.46 miles

DFD Ladder No. 5/3rd battalion/Engine No. 6

0.26 miles

Engine House #11

0.65 miles

Tolan Park Medical Building

0.74 miles

DMC Children's Hospital of Michigan Specialty Center

0.80 miles

Detroit Behavioral Institute

0.81 miles

Pharmor

0.92 miles

Detroit Medical Center

0.93 miles

Engine Number 1 Fire Station

0.99 miles

PharMor

1.03 miles

Midtown Rx Pharmacy

1.09 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 11 Sep, 2019
  • 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.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80%
  • 2020 Office Completions (SF) 63,500
View more Detroit market trends

Tax

  • Base Tax $39,287
  • Current Tax $36,094
  • Market Value* $909,000
  • Assessed Value $909,000

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 2531 Riopelle Street?

2531 Riopelle Street totals 37,245 square feet.

When was this property built?

2531 Riopelle Street was built in 1927.

When was 2531 Riopelle Street last sold?

2531 Riopelle Street was last sold on 11 Sep, 2019.

What is the market value for 2531 Riopelle Street?

The market value* for 2531 Riopelle Street in 2021 was $909,000.
*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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