3745-3759 Cass Ave, Detroit, MI 48201
Prime mixed-use development site in vibrant Midtown Detroit.
- Added:
- Mar 11, 2026
- Days on Market:
- 109
- Last Refresh:
- Mar 19 at 10:33 pm
Property Features for 3745-3759 Cass Ave
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Property subtype
- Retail, Multifamily, Mixed Use
Listing office Lino Realty Inc
Listing date Mar 11, 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 Lino Realty Inc
HighLights
- High demand for apartment living in Midtown Detroit.
- Rare opportunity for new mixed‑use housing development.
- Prime location on the Cass Avenue corridor.
- Walkable neighborhood with restaurants, galleries, cafes, and retail.
- Proximity to Wayne State University, Detroit Medical Center, Detroit Institute of Arts, and Detroit Symphony Orchestra.
- Located in Midtown Detroit, a vibrant and sought‑after neighborhood.
Overview
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 | $204.6k | $18.60 |
| − Vacancy | −$11.0k | −$1.00 |
| EGI | $193.6k | $17.60 |
| − OpEx | −$58.1k | −$5.28 |
| NOI | $135.5k | $12.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0622332
- Latitude
- 42.347419
