Contact Property

5845 Russell Street

Off-Market

5845 Russell Street, Detroit, MI 48211

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 144,920 SF
  • Lot Size 2.55 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1922

Location

  • Walk Score ® Car-Dependent (36)
  • Transit Score ® Some Transit (46)
  • Bike Score ® Somewhat Bikeable (46)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Upper East Central
  • Zip Code 48211
  • Market Detroit

Points of Interest

Amsterdam Street

0.76 miles

Amsterdam Street

0.77 miles

Ferry Street

0.77 miles

Ferry Street

0.77 miles

Baltimore Street

0.83 miles

Baltimore Street

0.83 miles

Detroit

0.84 miles

Warren Avenue

0.87 miles

Grand Boulevard

0.90 miles

Grand Boulevard

0.90 miles

Mobil

0.51 miles

Sunoco

0.57 miles

Marathon

0.59 miles

Marathon

0.63 miles

BP

0.73 miles

Marathon

0.73 miles

Mobil

0.74 miles

Wayne State University - Parking Structure #6

0.93 miles

Shell

1.06 miles

Shell

1.06 miles

Kirby Center Lofts Lot

0.39 miles

CCS Parking Structure

0.58 miles

John R Lot

0.62 miles

WSU Lot 35

0.67 miles

DIA Visitor Parking

0.68 miles

DIA Staff Parking

0.70 miles

WSU Lot 12

0.72 miles

Park Shelton Garage

0.76 miles

DMC Lot

0.77 miles

Lot 13

0.78 miles

Bucharest Grill

0.65 miles

Z's Villa

0.71 miles

Parks Old Style Bar-B-Q

0.71 miles

Domino's

0.71 miles

Subway

0.72 miles

Krispy Krunchy Chicken

0.73 miles

White Castle

0.78 miles

Yum Village

0.83 miles

Byblos Café and Grill

0.84 miles

Baobab Fare

0.86 miles

Food Pride Super Market

0.70 miles

Whole Foods Market

1.39 miles

University Foods

1.44 miles

Save-A-Lot

1.60 miles

King Cole Foods

1.67 miles

Gratiot Central Market

1.89 miles

Family Foods Superstore

2.15 miles

Fruit Market

2.20 miles

Al-Haramain International Foods

2.23 miles

Save-A-Lot

2.31 miles

CVS Pharmacy

0.75 miles

Kresge Eye Institute

0.75 miles

WSU Police Department

0.83 miles

Karmanos Cancer Institute

0.86 miles

Waller Health Center

0.88 miles

Engine Co. 17 Fire Station

0.94 miles

John D. Dingell VA Medical Center

0.94 miles

Wayne County Sheriff's Office

1.01 miles

Rite Aid

1.05 miles

William Clay Ford Center for Athletic Medicine

1.06 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 13 Aug, 2014
  • 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 $44,128
  • Current Tax $7,022
  • Market Value* $1,021,000
  • Assessed Value $1,021,000

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 5845 Russell Street?

5845 Russell Street totals 144,920 square feet.

When was this property built?

5845 Russell Street was built in 1922.

When was 5845 Russell Street last sold?

5845 Russell Street was last sold on 13 Aug, 2014.

What is the market value for 5845 Russell Street?

The market value* for 5845 Russell Street in 2021 was $1,021,000.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.