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5740 Nevada

Off-Market

5740 Nevada, Detroit, MI 48234

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 38,520 SF
  • Lot Size 1.5 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1952

Location

  • Walk Score ® Car-Dependent (34)
  • Transit Score ® Some Transit (43)
  • Bike Score ® Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Davison
  • Zip Code 48234
  • Market Detroit

Points of Interest

Grand Boulevard

4.08 miles

Baltimore Street

4.18 miles

Detroit

4.25 miles

Amsterdam Street

4.32 miles

Ferry Street

4.61 miles

Warren Avenue

4.80 miles

Canfield Street

5.12 miles

Checker Cab #977

5.76 miles

Sproat Street

5.82 miles

Adelaide Street

5.86 miles

Sunoco

2.76 miles

76

3.14 miles

Citgo

3.48 miles

Detroit Pistons Performance Center

4.62 miles

Wayne State University - Parking Structure #6

4.85 miles

Wayne State University - Parking Structure #5

4.92 miles

Mobil

5.03 miles

Wayne State University - Parking Structure #8

5.08 miles

Ferndale Public Library

5.08 miles

Shell

5.19 miles

WSU Lot 23

4.56 miles

Faculty / Staff Parking Lot E

4.75 miles

ODM Lot 1

5.86 miles

238 W Adams Lot

6.24 miles

205 W Adams Lot

6.27 miles

522 Michigan

6.49 miles

Comerica Ford Field Parking

6.67 miles

Ford Underground Parking

6.69 miles

Howard Lot B

6.81 miles

TCF Center Atwater Garage

6.82 miles

Wendy's

2.93 miles

Grinder Zee of Hazel Park

3.82 miles

McDonald's

4.08 miles

Hambo Coney Island

5.21 miles

Sakana Sushi Lounge

5.21 miles

Checkers

5.30 miles

A Eagles Coney Island

5.32 miles

Red Olive Family Restaurants

5.60 miles

Taco Bell

5.73 miles

Cloverleaf Pizza

5.82 miles

Mazen Foods

2.98 miles

The Shops at Woodward Place

3.08 miles

Marshalls

4.09 miles

Aaron's

5.05 miles

The Rust Belt Market

5.21 miles

Natural Food Patch

5.25 miles

Parkway Foods

5.64 miles

Marshalls

5.76 miles

Eastland Center

5.81 miles

Kroger

6.07 miles

Hamtramck Medical Urgent Care

1.83 miles

Henry Ford Medical Center - Hamtramck

2.49 miles

Fire Department Headquarters City of Highland Park

2.94 miles

Highland Park Police

3.10 miles

New Light Recovery Center

3.23 miles

Engine Number 23 Fire Station

3.50 miles

Live Well Pharmacy

4.04 miles

Park Medical Center

4.11 miles

Engine Co. 17 Fire Station

4.46 miles

Virginia Park Medical Center

4.73 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 $23,477
  • Current Tax $14,615
  • Market Value* $543,200
  • Assessed Value $543,200

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 5740 Nevada?

5740 Nevada totals 38,520 square feet.

When was this property built?

5740 Nevada was built in 1952.

What is the market value for 5740 Nevada?

The market value* for 5740 Nevada in 2021 was $543,200.
*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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