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5450 West Jefferson Avenue

Off-Market

5450 West Jefferson Avenue, Detroit, MI 48209

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  • Property Type Industrial - Manufacturing
  • Property Size 31,800 SF
  • Lot Size 1.14 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1926

Location

  • Walk Score ® Car-Dependent (26)
  • Transit Score ® Some Transit (37)
  • Bike Score ® Somewhat Bikeable (32)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood West Riverfront
  • Zip Code 48209
  • Market Detroit

Points of Interest

West Riverfront

2.47 miles

Huntington Place

2.70 miles

Michigan

2.76 miles

Financial District

2.85 miles

Campus Martius

2.98 miles

Grand Circus Park

3.03 miles

Checker Cab #977

3.07 miles

Millender Center

3.11 miles

Montcalm Street

3.13 miles

Adelaide Street

3.21 miles

Bedrock QLDC 2

1.89 miles

Bedrock QLDC 1

1.91 miles

Bedrock Kahn Garage

2.49 miles

Beaubien Place Garage

3.24 miles

Bedrock John R 1

3.37 miles

Wayne State University - Lot #50

3.51 miles

Wayne State University - Parking Structure #8

3.70 miles

Wayne State University - Parking Structure #5

3.81 miles

Wayne State University - Parking Structure #6

3.90 miles

Rhombus Energy Solutions

4.83 miles

Truck Parking

1.39 miles

ODM Lot 1

3.10 miles

Ford Field Lot 4

3.45 miles

4730 Cass

3.72 miles

WSU Lot 59

3.99 miles

HFHS Patient Employee Garage

4.47 miles

Wyandotte Parking Lot 9

7.70 miles

Wyandotte Parking Lot 8

7.74 miles

Faculty / Staff Parking Lot A

7.94 miles

Dearborn Hills Golf Course Parking - Free

9.28 miles

Michigan & Trumbull Pizza

2.30 miles

Detroit Made Market

2.72 miles

The Trolley Room

2.81 miles

Cottage Inn

3.11 miles

Legends Grill

3.21 miles

Breadless

4.41 miles

The Kitchen

4.61 miles

Panera Bread

5.97 miles

Taco Bell

6.11 miles

Qdoba

6.19 miles

Azteca Supermercado

1.85 miles

University Foods

3.46 miles

Dearborn Fresh Supermarket

4.57 miles

CGX

4.98 miles

Royal Plaza

5.39 miles

Burlington

5.88 miles

Meijer

6.04 miles

Target

6.07 miles

King Saver Foods

6.29 miles

South Allen Center

6.67 miles

Detroit Fire Department - Engine 16 (Fire Boat)

0.92 miles

Clínica Médica Familiar

1.07 miles

Rite Health Farmacía

1.09 miles

Engine Number 29 Fire Station

1.16 miles

Engine Number 33 Fire Station

1.82 miles

River Rouge Police Station

3.10 miles

Detroit Behavioral Institute

3.55 miles

Detroit Police Training Academy

3.65 miles

Detroit Medical Center

3.82 miles

John D. Dingell VA Medical Center

3.90 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 $20,443
  • Current Tax $6,956
  • Market Value* $473,000
  • Assessed Value $473,000

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 5450 West Jefferson Avenue?

5450 West Jefferson Avenue totals 31,800 square feet.

When was this property built?

5450 West Jefferson Avenue was built in 1926.

What is the market value for 5450 West Jefferson Avenue?

The market value* for 5450 West Jefferson Avenue in 2021 was $473,000.
*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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