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318 South Junction Avenue

Off-Market

318 South Junction Avenue, Detroit, MI 48209

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  • Property Type Industrial - Manufacturing
  • Property Size 35,398 SF
  • Lot Size 0.78 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1950

Location

  • Walk Score ® Car-Dependent (27)
  • Transit Score ® Some Transit (40)
  • Bike Score ® Somewhat Bikeable (35)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood West Riverfront
  • Zip Code 48209
  • Market Detroit

Points of Interest

Fort/Cass

2.72 miles

Huntington Place

2.72 miles

Times Square

2.86 miles

Campus Martius

2.99 miles

Checker Cab #977

3.03 miles

Broadway

3.10 miles

Montcalm Street

3.12 miles

Millender Center

3.14 miles

Adelaide Street

3.19 miles

Sproat Street

3.21 miles

BP

1.84 miles

Bedrock QLDC 2

1.87 miles

Bedrock Corktown

1.89 miles

Bedrock Kahn Garage

2.50 miles

Beaubien Place Garage

3.27 miles

Bedrock John R 1

3.35 miles

Wayne State University - Lot #50

3.44 miles

Wayne State University - Parking Structure #5

3.74 miles

Wayne State University - Parking Structure #6

3.84 miles

Detroit Pistons Performance Center

4.08 miles

ODM Lot I

2.90 miles

Cass Plaza Lot

3.30 miles

BCBS Employee Deck

3.43 miles

Hollywood Casino at Greektown Parking

3.47 miles

Whitney Lot

3.68 miles

Eastern Market parking garage

4.00 miles

WSU Lot 35

4.16 miles

Lot 13

4.24 miles

HFHS Employee Parking

4.33 miles

New Center Place Garage

4.47 miles

Detroit Made Market

2.75 miles

Mr. Steven's

3.24 miles

Grey Ghost

3.34 miles

Royale with Cheese

3.44 miles

Louisiana Creole Gumbo

4.26 miles

Breadless

4.43 miles

Kerby's Koney Island

5.82 miles

Chili's

6.63 miles

Jet's Pizza

6.64 miles

Culver's

6.73 miles

Vernor Food Center

2.06 miles

Family Fair Marketplace

4.34 miles

Zain International Market

4.37 miles

CGX

5.01 miles

Royal Plaza

5.27 miles

Burlington

5.77 miles

Big Lots

5.84 miles

Target

6.00 miles

TJ Maxx

6.15 miles

Macy's

6.58 miles

Engine Number 27 Fire Station

0.71 miles

Rite Aid

1.73 miles

Engine Number 37 Fire Station

1.93 miles

Detroit Police Department HQ

2.48 miles

Detroit Fire Department HQ

2.49 miles

Engine Number 66 Fire Station

3.07 miles

Detroit Engine No. 5

3.35 miles

Engine Number 34 Fire Station

3.44 miles

Detroit Behavioral Institute

3.52 miles

Detroit Medical Center

3.78 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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 $27,955
  • Current Tax $11,270
  • Market Value* $646,800
  • Assessed Value $646,800

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 318 South Junction Avenue?

318 South Junction Avenue totals 35,398 square feet.

When was this property built?

318 South Junction Avenue was built in 1950.

What is the market value for 318 South Junction Avenue?

The market value* for 318 South Junction Avenue in 2021 was $646,800.
*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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