1750 E State Fair Detroit, MI 48203
2,013 sq ft commercial property on high-traffic State Fair.
Property Features for 1750 E State Fair
General Information
- Standard status
- Active
- Size
- 2,013 SF
- Lot size
- 0.29 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing office (888) 501-7085
Listing date Mar 12, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on E State Fair Ave in Detroit.
- 2,013 sq. ft. building suitable for various business types.
- Excellent visibility and strong street frontage.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $18.60 |
| − Vacancy | −$2.0k | −$1.00 |
| EGI | $35.4k | $17.60 |
| − OpEx | −$10.6k | −$5.28 |
| NOI | $24.8k | $12.32 |