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3050 Lonyo

Off-Market

3050 Lonyo, Detroit, MI 48209

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  • Property Type Industrial
  • Property Size 36,100 Sqft
  • Lot Size 13.96 Acre
  • Building Class B
  • Year Built 1946

Location

  • City Detroit, MI
  • Neighborhood Springwells
  • Zip Code 48209
  • 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 19 Sep, 2016
  • Purchase Price $651,500
  • Arm's Length
  • 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 $25,552
  • Market Value $670,400
  • Assessed Value $670,400

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

Frequently Asked Questions

What is the total square footage of 3050 Lonyo?

3050 Lonyo totals 36,100 square feet.

When was this property built?

3050 Lonyo was built in 1946.

When was 3050 Lonyo last sold?

3050 Lonyo was last sold on 19 Sep, 2016.

What was the last purchase price for 3050 Lonyo?

3050 Lonyo was last sold for $651,500.

What is the property tax for 3050 Lonyo?

The property tax for 3050 Lonyo in 2018 was $25,552.

What is the market value for 3050 Lonyo?

The market value for 3050 Lonyo in 2018 was $670,400.

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