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421 Lycaste

Off-Market

421 Lycaste, Detroit, MI 48214

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  • Property Type Industrial - Manufacturing
  • Property Size 49,473 SF
  • Lot Size 3.96 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1943

Location

  • Walk Score ® Car-Dependent (35)
  • Transit Score ® Some Transit (42)
  • Bike Score ® Somewhat Bikeable (47)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood East Riverside
  • Zip Code 48214
  • Market Detroit

Points of Interest

Bricktown

4.36 miles

Greektown

4.38 miles

Renaissance Center

4.41 miles

Millender Center

4.50 miles

Cadillac Center

4.57 miles

Broadway

4.62 miles

Campus Martius

4.67 miles

Congress Street

4.67 miles

Campus Martius

4.68 miles

Grand Circus Park

4.70 miles

BP

0.53 miles

Exxon

0.62 miles

Citgo

0.91 miles

Citgo

1.47 miles

Citgo

1.49 miles

Citgo

1.50 miles

Mobil

1.54 miles

Mobil

1.56 miles

Marathon

1.60 miles

Sunoco

1.66 miles

FCA Employee Parking

0.57 miles

FCA Employee Parking

0.80 miles

WCCC Eastern Campus Lot

2.43 miles

Indycar Pit Parking

2.45 miles

River Place Parking Garage

3.15 miles

Eastern Market parking garage

3.94 miles

Detroit Riverwalk Parking

4.01 miles

Eastern Market Lot #8

4.09 miles

River East Garage

4.11 miles

D-2 Lot

4.15 miles

Legends Grill

0.45 miles

Rose's Fine Food

0.61 miles

Detroit's Finest Coney Island

1.06 miles

McDonald's

1.21 miles

Palace Pizza

1.35 miles

Krispy Krunch Chicken

1.36 miles

McDonald's

1.50 miles

Manhattan Fish and Chips

1.50 miles

Burger King

1.51 miles

Metropolitan Kitchen

1.66 miles

Parkway Foods

0.33 miles

Indian Village Market

1.42 miles

Save-A-Lot

1.75 miles

ALDI

1.85 miles

Forman Mills

1.88 miles

Sprout House

1.92 miles

Janes Market Liquor Store

1.94 miles

Wonder Foods Supermarket

2.44 miles

CGX

2.62 miles

Harbortown Market

2.71 miles

Engine Number 32 Fire Station

0.40 miles

Precinct 5 Police Station

0.45 miles

DMC Riverview Clinic

0.78 miles

King Pharmacy

0.80 miles

CVS Pharmacy

0.83 miles

Engine Number 38 Fire Station

1.03 miles

Knight Drugs

1.07 miles

DCHC East Riverside Health

1.10 miles

Northeast Integrated Health

1.13 miles

Detroit 5th Precinct

1.34 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 $30,012
  • Current Tax $12,555
  • Market Value* $694,400
  • Assessed Value $694,400

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 421 Lycaste?

421 Lycaste totals 49,473 square feet.

When was this property built?

421 Lycaste was built in 1943.

What is the market value for 421 Lycaste?

The market value* for 421 Lycaste in 2021 was $694,400.
*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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