Detroit Flex Industrial and
17129 Rockdale St., Detroit, MI 48219
For Sale
Contact for pricing
Two abutting properties: flex industrial/office and garage units for sale.
Property Size2,230 SF
Lot Size0.39 Acres
Price / SF$269.06
Days on Market479
Property Features for 17129 Rockdale St.
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Investment Type
Site & Location
Neighborhood
Building Details
Buildings
Stories
Tenancy
Listing Agency:
NAI Farbman
Listed By:
Wendy Acho · License MI #6501411463
(248) 563-0739
Source:
Crexi
Added: Jul 19, 2025
Changed: Nov 9
Last Checked: Nov 8 at 8:21AM
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 NAI Farbman
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Investment Insights
Based on property information with market context.
Two abutting properties located on Rockdale St in Detroit, MI, near Lahser Rd and McNichols Rd, are available for sale either as a portfolio or separately. The first property, located at 17129 Rockdale St, is a flex industrial and office space. It features 2,230 square feet of space on a 0.14-acre lot (118 x 50 lot). The property is zoned B4 General Business District and has a parcel ID of 22114297. The second property, located at 17135 Rockdale St, consists of garage units. It is zoned B4 General Business District and sits on a 0.25-acre lot (10,733 square feet or 96 x 112 lot) with parcel ID 22114295-6.
Key Highlights
- Two abutting properties offered as a portfolio or separately.
- Flex Industrial with Office space available.
- Zoned B4 General Business District.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,467
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,340
$549.3K
Cap Rate 7%
$392,386
$392.4K
Cap Rate 9%
$305,189
$305.2K
Market Conditions
NOI Build-Up for 2,230 SF
Gross rent
$41.5K $18.60/SF
− Vacancy
−$2.2K −$1.00/SF
EGI
$39.2K $17.60/SF
− OpEx
−$11.8K −$5.28/SF
NOI
$27.5K $12.32/SF
Area
ZIP 48219
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,340
Cap Rate 7%
$392,386
Cap Rate 9%
$305,189
Alternative Uses
Best Use
Retail
$392.4K
$343.3K – $457.8K
NOI $27,467 @ 7.0% cap · market cap 4.58%
Second Best
Office B
$360.8K
$315.7K – $420.9K
NOI $25,255 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$458.0K
$400.8K – $534.4K
NOI $32,062 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 48219, MI
46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Detroit, MI
Properties on Market for Flex space in Detroit
Vacancy Rate% for Office in Detroit, MI
Similar Off Market Nearby
- Calvin's catering kitchen — 15822 Pierson St, Detroit, MI 48223
- A Good Bite — 21666 Thatcher, Detroit, MI 48219, United States
Frequently Asked Questions
What type of property is this?
Flex space - Two abutting properties: flex industrial/office and garage units for sale.
Where is this flex space located?
The property is located at 17129 Rockdale St. Detroit, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two abutting properties offered as a portfolio or separately.; Flex Industrial with Office space available.; Zoned B4 General Business District.
