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5945 Martin Street

Off-Market

5945 Martin Street, Detroit, MI 48210

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  • Property Type Industrial - Manufacturing
  • Property Size 25,039 Sqft
  • Lot Size 0.56 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1953

Location

  • City Detroit, MI
  • Neighborhood Chadsey
  • Zip Code 48210
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 13 Jul, 1992
  • 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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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 (Sqft) 63,500
View more Detroit market trends

Tax

  • Property Tax in 2018 $6,487
  • Market Value $170,200
  • Assessed Value $170,200

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 5945 Martin Street?

5945 Martin Street totals 25,039 square feet.

When was this property built?

5945 Martin Street was built in 1953.

When was 5945 Martin Street last sold?

5945 Martin Street was last sold on 13 Jul, 1992.

What is the property tax for 5945 Martin Street?

The property tax for 5945 Martin Street in 2018 was $6,487.

What is the market value for 5945 Martin Street?

The market value for 5945 Martin Street in 2018 was $170,200.

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