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4740 Nevada

Off-Market

4740 Nevada, Detroit, MI 48234

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  • Property Type Industrial - Manufacturing
  • Property Size 34,395 SF
  • Lot Size 2.17 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1957

Location

  • Walk Score ® Car-Dependent (22)
  • Transit Score ® Some Transit (46)
  • Bike Score ® Somewhat Bikeable (36)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Davison
  • Zip Code 48234
  • Market Detroit

Points of Interest

Grand Boulevard

3.92 miles

Baltimore Street

4.03 miles

Ferry Street

4.51 miles

Warren Avenue

4.72 miles

Canfield Street

5.06 miles

Martin Luther King Junior Boulevard

5.44 miles

Checker Cab #977

5.69 miles

Adelaide Street

5.84 miles

Montcalm Street

5.98 miles

Grand Circus Park

6.18 miles

Valero

2.24 miles

BP

2.70 miles

Sunoco

2.93 miles

Citgo

4.41 miles

Ferndale Public Library

4.65 miles

Wayne State University - Parking Structure #6

4.76 miles

Wayne State University - Parking Structure #5

4.79 miles

Wayne State University - Parking Structure #8

5.01 miles

Wayne State University - Lot #50

5.09 miles

Bedrock John R 1

5.68 miles

Kirby Center Lofts Lot

4.30 miles

US Post Office Parking lLot

4.72 miles

WSU Parking Structure 4

4.82 miles

MOCAD Lot

4.98 miles

Xia Parking

5.74 miles

Gem Garage

6.06 miles

Federal Parking Lot 2

6.56 miles

Griswold/Larned Garage

6.69 miles

Joe Louis Arena Garage

6.92 miles

Valet

9.43 miles

Wendy's

1.64 miles

(revolver)

2.00 miles

Del Taco

4.83 miles

Checkers

4.85 miles

Crab House

4.86 miles

Rosie O'Grady's

4.86 miles

Wendy's

4.91 miles

Subway

5.16 miles

The Morrie - Royal Oak

6.18 miles

Pappy's

6.29 miles

Glory Supermarket

2.43 miles

The Shops at Woodward Place

2.62 miles

Shoppers Market

2.91 miles

King Cole Foods

3.29 miles

Save-A-Lot

4.50 miles

Mike's Fresh Market

4.51 miles

Aaron's

4.61 miles

Forman Mills

4.74 miles

The Rust Belt Market

4.78 miles

Janes Market Liquor Store

5.07 miles

Engine Number 56 Fire Station

0.52 miles

St. John Providence Hospital

2.12 miles

Henry Ford Medical Center - Hamtramck

2.40 miles

Fire Department Headquarters City of Highland Park

2.50 miles

New Light Recovery Center

2.74 miles

Walgreens

2.95 miles

DMG Medical Center

3.87 miles

DPD 3rd Precinct

4.23 miles

Engine Co. 17 Fire Station

4.32 miles

Greater Care Pharmacy

4.35 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 04 Jun, 2020
  • 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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Tax

  • Base Tax $25,725
  • Current Tax $12,307
  • Market Value* $595,200
  • Assessed Value $595,200

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 4740 Nevada?

4740 Nevada totals 34,395 square feet.

When was this property built?

4740 Nevada was built in 1957.

When was 4740 Nevada last sold?

4740 Nevada was last sold on 04 Jun, 2020.

What is the market value for 4740 Nevada?

The market value* for 4740 Nevada in 2021 was $595,200.
*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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