16625 Grand River Ave, Detroit, MI 48227
Value-add opportunity in high-traffic Detroit corridor.
- Added:
- Feb 20, 2026
- Days on Market:
- 137
- Last Refresh:
- Jul 2 at 5:54 am
Property Features for 16625 Grand River Ave
General Information
- Standard status
- Active
- Size
- 9,164 SF
- Property subtype
- Office
Listing office Exp Realty
Listing date Feb 20, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty
HighLights
- Prime value‑add opportunity in a high‑traffic, highly visible location on Grand River Avenue.
- Renovations are well underway, allowing for completion and customization by the new owner.
- Strong street presence and excellent visibility.
- Flexible potential for office or professional use.
- Opportunity to capitalize on existing momentum and complete a standout commercial asset.
- Seller's transition creates an exceptional acquisition opportunity.
Overview
Local Financial Insights For Office B
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 | $55.0k | $6.00 |
| − Vacancy | −$12.9k | −$1.41 |
| EGI | $42.1k | $4.59 |
| − OpEx | −$10.5k | −$1.15 |
| NOI | $31.5k | $3.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2104474
- Latitude
- 42.3972231
