Listing Agency: Signature Associates p***@signatureassociates.com Show Phone

Listed By: Peter Vanderkaay · License #MI 6501388318

Source: Crexi

Added: Jun 3, 2022 Changed: Jul 6 Last Checked: Aug 2 at 4:20PM

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Investment Insights

Based on property information with market context.

This industrial property, located in Detroit, Michigan, offers 25,344 square feet of space. The property is suitable for industrial use.

Key Highlights

• Industrial property
• 25,344 SF

Property Analytics

Current Use

Industrial properties

Location Intelligence

Trade Area within ½ mile

238

Businesses Nearby

Explore this area Business Placement

Demographics for 48214, MI

18,959

Population

13,279

Households

1.4

Avg Household Size

44

Median Age

27%

College-Educated

84%

High-School Grad

5.1 sq mi

ZIP Area

3,717

Density / Sq Mi

$34,807

Median Household Income

$36,625

Median Earnings

$818

Median Rent

$120,500

Median Home Value

Market

Average Price Trend$/SF for Industrial properties in Detroit, MI

– Feb

$54.41 Mar

$55.12 Apr

$118 May

$114 Jun

– Jul

Properties on Market for Industrial properties in Detroit

Feb

Mar

Apr

May

Jun

Jul

Vacancy Rate% for Industrial in Detroit, MI

3% 2019

4.2% 2020

2.5% 2021

2.4% 2022

3% 2023

3.4% 2024

3.7% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial property - 25,344 SF industrial building available in Detroit, Michigan.

Where is this industrial property located?

The property is located at 45 St Jean Detroit, MI.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Industrial property; 25,344 SF