7924 Riopelle Street

7924 Riopelle Street, Detroit, MI 48211

Off-Market

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

  • Property Type Industrial - Manufacturing
  • Property Size 145,134 SF
  • Lot Size 5.95 Acre
  • Parking Spaces Avail. 85
  • Parking Ratio 0.59 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1973

Location

  • Walk Score ® Somewhat Walkable (53)
  • Transit Score ® Some Transit (40)
  • Bike Score ® Somewhat Bikeable (48)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Upper East Central
  • Zip Code 48211
  • Market Detroit

Points of Interest

Transportation

Baltimore Street

1.02 miles

Detroit

1.09 miles

Amsterdam Street

1.14 miles

Ferry Street

1.44 miles

Warren Avenue

1.64 miles

Canfield Street

2.00 miles

Mack Avenue

2.38 miles

Checker Cab #977

2.62 miles

Montcalm Street

2.97 miles

Grand Circus Park

3.18 miles

Fuel station

Wayne State University - Parking Structure #6

1.69 miles

Wayne State University - Parking Structure #5

1.74 miles

Wayne State University - Parking Structure #8

1.94 miles

Wayne State University - Lot #50

2.05 miles

Marathon

2.26 miles

Marathon

2.34 miles

Bedrock John R 1

2.68 miles

Bedrock Kahn Garage

3.72 miles

Beaubien Place Garage

3.83 miles

Bedrock Corktown

4.01 miles

Parking

Fisher Building Garage

1.13 miles

HAP Lot C

1.50 miles

WSU Lot 56

1.80 miles

Orchestra Place Parking Deck

2.35 miles

1745 Cass Lot

3.30 miles

1001 Woodward Garage

3.48 miles

441 W Fort

3.69 miles

Millenium Garage

3.74 miles

620 Third

3.78 miles

Parking Lot G

8.51 miles

Restaurants

Polonia

1.15 miles

Byblos Café and Grill

1.44 miles

Fu Lin

1.94 miles

Apollo Coney Island

3.11 miles

Bam Bamz!

3.34 miles

Potbelly

3.58 miles

Domino's

3.69 miles

Red Dunn Kitchen

3.77 miles

Detroit Made Market

3.88 miles

Long John Silver's

3.99 miles

Stores

University Foods

2.09 miles

The Shops at Woodward Place

2.81 miles

King Saver Foods

3.19 miles

Rivertown Market

3.59 miles

Harbortown Market

3.76 miles

Forman Mills

4.38 miles

Savon Foods Supermarket

4.95 miles

Marshalls

5.30 miles

Azteca Supermercado

5.70 miles

Vernor Food Center

6.22 miles

Safety

CVS Pharmacy

0.93 miles

William Clay Ford Center for Athletic Medicine

1.20 miles

WSU Police Department

1.24 miles

Henry Ford Hospital

1.55 miles

CVS Pharmacy

1.61 miles

Kresge Eye Institute

1.66 miles

Highland Park Police

1.69 miles

Engine Number 64 Fire Station

1.76 miles

John D. Dingell VA Medical Center

1.82 miles

Detroit Medical Center

2.03 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 01 Jul, 2010
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 (SF) 63,500
View more Detroit market trends

Tax

  • Base Tax $94,117
  • Current Tax $17,983
  • Market Value* $2,177,600
  • Assessed Value $2,177,600

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 7924 Riopelle Street?

7924 Riopelle Street totals 145,134 square feet.

When was this property built?

7924 Riopelle Street was built in 1973.

When was 7924 Riopelle Street last sold?

7924 Riopelle Street was last sold on 01 Jul, 2010.

What is the market value for 7924 Riopelle Street?

The market value* for 7924 Riopelle Street in 2021 was $2,177,600.
*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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