5301 West Grand River Avenue

5301 West Grand River Avenue, Detroit, MI 48208

Off-Market

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  • Property Type Industrial - Manufacturing
  • Property Size 69,134 SF
  • Lot Size 1.07 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1895

Location

  • Walk Score ® Somewhat Walkable (52)
  • Transit Score ® Good Transit (54)
  • Bike Score ® Very Bikeable (73)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Jeffries
  • Zip Code 48208
  • Market Detroit

Points of Interest

Transportation

Warren Avenue

1.62 miles

Amsterdam Street

1.64 miles

Checker Cab #977

1.67 miles

Baltimore Street

1.70 miles

Canfield Street

1.72 miles

Martin Luther King Junior Boulevard

1.92 miles

Mack Avenue

1.92 miles

Montcalm Street

2.32 miles

Grand Circus Park

2.48 miles

Times Square

2.49 miles

Fuel station

AKA Gas & Food Station

0.83 miles

Wayne State University - Lot #50

1.02 miles

Wayne State University - Parking Structure #5

1.19 miles

Detroit Pistons Performance Center

1.26 miles

Wayne State University - Parking Structure #8

1.62 miles

Bedrock QLDC 1

2.11 miles

Bedrock QLDC 2

2.15 miles

Bedrock John R 1

2.22 miles

Bedrock Corktown

2.39 miles

Beaubien Place Garage

3.27 miles

Parking

F Lot

1.30 miles

WSU Lot 14

1.56 miles

WSU Parking Structure 3

1.69 miles

Orchestra Place Parking Deck

1.81 miles

64 Peterboro

1.91 miles

DTE Lot 2

2.25 miles

Grand Circus Park Garage

2.47 miles

Eastern Market parking garage

2.81 miles

Vistor Parking Lot B

4.82 miles

Indycar Pit Parking

5.03 miles

Restaurants

Taco Veloz

1.45 miles

Folk

2.09 miles

Parks Old Style Bar-B-Q

2.11 miles

Duly's Place Coney Island

2.29 miles

KFC

2.57 miles

El Rey de las Arepas

2.57 miles

Buffalo Wild Wings

2.81 miles

Shake Shack

2.84 miles

Detroit Made Market

2.94 miles

Main Street Grill & Coney Island

3.61 miles

Stores

Save-A-Lot

0.15 miles

Family Foods Superstore

1.48 miles

Honey Bee Market La Colmena

1.98 miles

Zain International Market

3.21 miles

Amori's Marketplace

3.44 miles

The Shops at Woodward Place

4.12 miles

Royal Plaza

4.49 miles

CGX

4.52 miles

Dearborn Fresh Supermarket

4.57 miles

Big Lots

5.70 miles

Safety

Ellen A. Thompson Center For Women and Children

0.86 miles

Engine Number 10 Fire Station

1.19 miles

Henry Ford Hospital

1.25 miles

Gateway Health Center

1.34 miles

WSU Police Department

1.55 miles

Planned Parenthood

1.58 miles

DaVita Dialysis

1.61 miles

Wayne County Sheriff's Office

1.62 miles

Waller Health Center

1.69 miles

John D. Dingell VA Medical Center

1.85 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 15 Aug, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 $44,603
  • Current Tax $18,246
  • Market Value* $1,032,000
  • Assessed Value $1,032,000

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 5301 West Grand River Avenue?

5301 West Grand River Avenue totals 69,134 square feet.

When was this property built?

5301 West Grand River Avenue was built in 1895.

When was 5301 West Grand River Avenue last sold?

5301 West Grand River Avenue was last sold on 15 Aug, 2017.

What is the market value for 5301 West Grand River Avenue?

The market value* for 5301 West Grand River Avenue in 2021 was $1,032,000.
*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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