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3840 East Outer Drive

Off-Market

3840 East Outer Drive, Detroit, MI 48234

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  • Property Type Industrial - Manufacturing
  • Property Size 33,446 SF
  • Lot Size 1.61 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1955

Location

  • Walk Score ® Car-Dependent (39)
  • Transit Score ® Some Transit (48)
  • Bike Score ® Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Grant
  • Zip Code 48234
  • Market Detroit

Points of Interest

Grand Boulevard

5.19 miles

Baltimore Street

5.30 miles

Detroit

5.36 miles

Amsterdam Street

5.43 miles

Ferry Street

5.72 miles

Canfield Street

6.22 miles

Checker Cab #977

6.85 miles

Sproat Street

6.89 miles

Adelaide Street

6.94 miles

Grand Circus Park

7.25 miles

Sunoco

3.69 miles

Marathon

3.81 miles

Sunoco

3.84 miles

Sunoco

4.39 miles

Blink

4.68 miles

Ferndale Public Library

5.08 miles

Wayne State University - Parking Structure #6

5.96 miles

Wayne State University - Parking Structure #5

6.04 miles

Wayne State University - Parking Structure #8

6.18 miles

Marathon

6.37 miles

Student Parking Lot H

5.40 miles

Faculty / Staff Parking Lot E

5.43 miles

WSU Lot 23

5.67 miles

Beethoven Lot

6.36 miles

ODM Lot 1

6.95 miles

238 W Adams Lot

7.31 miles

522 Michigan

7.57 miles

Comerica Ford Field Parking

7.77 miles

TCF Center Atwater Garage

7.87 miles

Howard Lot B

7.90 miles

Captain Jay's Fish & Chicken

3.84 miles

McDonald's

3.87 miles

Wingstop

4.29 miles

White Castle

5.06 miles

Tropical Smoothie Cafe

5.27 miles

Z's Villa

5.40 miles

Nicky D's Coney Island

5.57 miles

Taco Bell

5.96 miles

Slyde

6.02 miles

Savvy Sliders

6.08 miles

Mazen Foods

2.93 miles

The Shops at Woodward Place

3.92 miles

Marshalls

4.30 miles

King Cole Foods

4.64 miles

Marshalls

4.67 miles

Aaron's

5.06 miles

The Rust Belt Market

5.21 miles

Eastland Center

5.22 miles

Natural Food Patch

5.27 miles

Kmart

5.78 miles

Hamtramck Medical Urgent Care

2.92 miles

Park Medical Center

3.46 miles

Henry Ford Medical Center - Hamtramck

3.60 miles

Fire Department Headquarters City of Highland Park

3.85 miles

New Light Recovery Center

3.93 miles

Highland Park Police

4.13 miles

Engine Number 23 Fire Station

4.51 miles

Saint John Macomb-Oakland Hospital, Madison Heights

4.52 miles

Behavioral Center of Michigan

4.69 miles

Planned Parenthood

4.77 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
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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 $17,184
  • Current Tax $5,527
  • Market Value* $397,600
  • Assessed Value $397,600

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 3840 East Outer Drive?

3840 East Outer Drive totals 33,446 square feet.

When was this property built?

3840 East Outer Drive was built in 1955.

What is the market value for 3840 East Outer Drive?

The market value* for 3840 East Outer Drive in 2021 was $397,600.
*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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