13501 Auburn St Detroit, MI 48223
Versatile industrial property with income, ideal for investors/owner-users.
- Added:
- Mar 31, 2026
- Days on Market:
- 104
- Last Refresh:
- Jul 2 at 7:21 am
Property Features for 13501 Auburn St
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.44 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1964
Listing office RE/MAX Leading Edge (313) 721-1217
Listing date Mar 31, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Generates $5,600/month income on a NNN lease expiring in July 2027.
- Includes adjacent property at 13503 Auburn, adding value and functionality.
- Three buildings totaling over 10,000 square feet of flexible space.
Local Financial Insights For Industrial
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 | $73.2k | $7.32 |
| − Vacancy | −$3.7k | −$0.37 |
| EGI | $69.5k | $6.95 |
| − OpEx | −$20.8k | −$2.08 |
| NOI | $48.6k | $4.86 |
Alternative Uses
Property Analytics
Current Use by Public Records
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