1840 LAWNDALE St Detroit, MI 48209
Over 1000 SF commercial space with fenced lot.
- Added:
- May 15, 2026
- Days on Market:
- 59
- Last Refresh:
- Jul 2 at 4:14 pm
Property Features for 1840 LAWNDALE St
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1942
Listing office Munoz Realty Inc (313) 914-7545
Listing date May 15, 2026
Source Elliman
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 Munoz Realty Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Over 1000 square feet of space
- Fenced lot
- Opportunity to have your own business
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 | $18.6k | $18.60 |
| − Vacancy | −$1.0k | −$1.00 |
| EGI | $17.6k | $17.60 |
| − OpEx | −$5.3k | −$5.28 |
| NOI | $12.3k | $12.32 |
Alternative Uses
Property Analytics
Current Use by Public Records
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