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The Packard Plant - 1580 East Grand Blvd

Off-Market

1580 East Grand Blvd, Detroit, MI 48211

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

  • Property Type Office - General Office
  • Property Size 121,000 SF
  • Lot Size 0.86 Acre
  • Building Class B

Location

  • Walk Score ® Car-Dependent (31)
  • Transit Score ® Some Transit (48)
  • Bike Score ® Somewhat Bikeable (49)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Kettering
  • Zip Code 48211
  • Market Detroit

Points of Interest

Amsterdam Street

2.33 miles

Amsterdam Street

2.33 miles

Ferry Street

2.33 miles

Ferry Street

2.34 miles

Baltimore Street

2.35 miles

Baltimore Street

2.35 miles

Grand Boulevard

2.37 miles

Warren Avenue

2.37 miles

Grand Boulevard

2.37 miles

Detroit

2.38 miles

Mobil

0.22 miles

Citgo

0.27 miles

BP

0.68 miles

Mobil

0.71 miles

Sunoco

0.71 miles

Marathon

0.75 miles

Citgo

0.86 miles

Citgo

0.91 miles

Marathon

0.96 miles

Citgo

1.32 miles

Kirby Center Lofts Lot

1.91 miles

Kresge Parking Deck

2.09 miles

CCS Parking Structure

2.11 miles

WSU Parking Structure 4

2.12 miles

WSU Lot 75

2.15 miles

John R Lot

2.17 miles

DMC Lot

2.18 miles

DIA Visitor Parking

2.19 miles

Eastern Market Lot #8

2.22 miles

WSU Lot 35

2.24 miles

Veteran's Park Hotel

1.41 miles

Hamtramck Hotel & Hostel

2.23 miles

The Inn on Ferry Street

2.26 miles

Hotel St. Regis

2.45 miles

Baymont by Wyndham Downtown Detroit

2.74 miles

Metro Lodge

2.80 miles

The Winder Street Inn

2.82 miles

The Cochrane House

2.83 miles

Cabana Motel

2.84 miles

El Moore

2.85 miles

Wendy's

0.73 miles

Grandy's Coney Island

1.32 miles

Yemen Cafe

1.46 miles

Captain Jay's Fish & Chicken

1.50 miles

Poohs Perfect Potato

1.71 miles

Krispy Krunchy Chicken

1.79 miles

(revolver)

1.93 miles

Hamtramck Coney Island

1.93 miles

Polish Village Café

1.93 miles

Louie's Corned Beef and Ham

1.94 miles

Immaculate Conception School

0.37 miles

Saint Johns School

0.42 miles

Parke School

0.49 miles

Saint Hyacinth School

0.79 miles

Oakland International Academy - K-1

0.96 miles

Oakland International Academy Elementary School

1.00 miles

Oakland International Academy Middle School

1.02 miles

Crockett High School (closed)

1.03 miles

Saint Stanislaus School

1.03 miles

Salem School

1.09 miles

Matrix Head Start Infinity II

1.18 miles

Sha-Sha's Kiddy Korner

1.31 miles

Matrix Headstart

1.73 miles

Kingdom Care Learning Center

2.08 miles

Midtown KinderCare

2.47 miles

Henry Ford Kids Child Care Center

2.98 miles

The Clifton Daycare and Development Center

3.71 miles

Fleming Early Learning Neighborhood Center

3.87 miles

Angel Land Child & Parent Center

4.00 miles

New Life Head Start

4.54 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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 $3,008
  • Current Tax $2,638
  • Market Value* $69,600
  • Assessed Value $69,600

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 The Packard Plant - 1580 East Grand Blvd?

The Packard Plant - 1580 East Grand Blvd totals 121,000 square feet.

What is the market value for The Packard Plant - 1580 East Grand Blvd?

The market value* for The Packard Plant - 1580 East Grand Blvd in 2021 was $69,600.
*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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