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715 East Milwaukee

Off-Market

715 East Milwaukee, Detroit, MI 48202

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

  • Property Type Industrial - Flex - Industrial
  • Property Size 32,111 Sqft
  • Lot Size 0.9 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1930

Location

  • City Detroit, MI
  • Neighborhood Middle Woodward
  • Zip Code 48202
  • 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 30 Jan, 2018
  • Purchase Price $350,000
  • Arm's Length
  • 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 $10,657
  • Market Value $279,600
  • Assessed Value $279,600

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

Frequently Asked Questions

What is the total square footage of 715 East Milwaukee?

715 East Milwaukee totals 32,111 square feet.

When was this property built?

715 East Milwaukee was built in 1930.

When was 715 East Milwaukee last sold?

715 East Milwaukee was last sold on 30 Jan, 2018.

What was the last purchase price for 715 East Milwaukee?

715 East Milwaukee was last sold for $350,000.

What is the property tax for 715 East Milwaukee?

The property tax for 715 East Milwaukee in 2018 was $10,657.

What is the market value for 715 East Milwaukee?

The market value for 715 East Milwaukee in 2018 was $279,600.

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