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5820 Nevada Avenue

Off-Market

5820 Nevada Avenue, Detroit, MI 48234

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 63,198 SF
  • Lot Size 2.16 Acre
  • Building Class C
  • Year Built 1951

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

Baltimore Street

4.19 miles

Amsterdam Street

4.33 miles

Warren Avenue

4.81 miles

Canfield Street

5.13 miles

Mack Avenue

5.47 miles

Martin Luther King Junior Boulevard

5.49 miles

Checker Cab #977

5.76 miles

Sproat Street

5.82 miles

Grand Circus Park

6.18 miles

Broadway

6.24 miles

Sunoco

1.64 miles

Amoco

2.99 miles

Mobil

3.29 miles

76

3.58 miles

Wayne State University - Parking Structure #6

4.86 miles

Wayne State University - Parking Structure #5

4.93 miles

Clark

5.07 miles

Citgo

5.07 miles

Wayne State University - Parking Structure #8

5.09 miles

Ferndale Public Library

5.13 miles

CCS Parking Structure

4.52 miles

DMC North Deck

5.05 miles

2955 Cass Lot

5.81 miles

2501 Cass Lot

6.02 miles

ODM Lot G

6.23 miles

10 Mile Parking Lot

6.53 miles

Federal Place Parking

6.56 miles

D-1 Lot

6.61 miles

Downtown Garage

6.71 miles

Main North Garage

6.78 miles

Polonia

2.05 miles

The Potato Place

4.95 miles

Burger King

5.25 miles

New York Bagel & Deli

5.49 miles

Legends Grill

5.49 miles

McDonald's

6.16 miles

Seros

6.37 miles

Michael Symon's Roast

6.49 miles

Dime Store

6.55 miles

Townhouse

6.61 miles

Glory Supermarket

2.69 miles

Save-A-Lot

2.77 miles

ALDI

3.12 miles

The Shops at Woodward Place

3.13 miles

Marshalls

4.14 miles

Forman Mills

4.29 miles

The Rust Belt Market

5.26 miles

Marshalls

5.75 miles

Eastland Center

5.76 miles

Target

5.77 miles

Engine Number 47 Fire Station

0.34 miles

St. John Providence Hospital

1.68 miles

Hamtramck Fire Department

2.07 miles

CVS Pharmacy

2.27 miles

DMG Medical Center

3.33 miles

Engine Number 41 Fire Station

3.79 miles

Team Wellness Center – East

4.55 miles

Henry Ford Hospital

4.56 miles

Engine Number 58 Fire Station

4.59 miles

Walgreens

4.66 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 27 Jun, 2017
  • 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 $18,749
  • Current Tax $12,676
  • Market Value* $433,800
  • Assessed Value $433,800

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 5820 Nevada Avenue?

5820 Nevada Avenue totals 63,198 square feet.

When was this property built?

5820 Nevada Avenue was built in 1951.

When was 5820 Nevada Avenue last sold?

5820 Nevada Avenue was last sold on 27 Jun, 2017.

What is the market value for 5820 Nevada Avenue?

The market value* for 5820 Nevada Avenue in 2021 was $433,800.
*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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