965 E Jefferson Ave, Detroit, MI 48207
Prominent downtown office building with Chrysler Freeway frontage, suited for office use or development.
- Added:
- Jun 8, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 11 at 2:54 am
Property Features for 965 E Jefferson Ave
General Information
- Standard status
- Active
- Size
- 16,567 SF
- Property subtype
- Office
Listing agent Larry Emmons (248) 705-9115
Listing office Newmark Knight Frank Detroit (248) 705-9115
Listing date Jun 8, 2026
Source Cpix.resimplifi
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 Newmark Knight Frank Detroit
HighLights
- Prominent downtown office building
- Chrysler Freeway frontage
- Suited for office use or development
Overview
Located at 965 E Jefferson Ave in Detroit, the building provides frontage along the Chrysler Freeway. That direct roadway presence is a key consideration for office users seeking visibility and for developers evaluating a downtown redevelopment opportunity.
For office users, the building’s downtown positioning and freeway frontage can support branding and day-to-day accessibility. For developers, the property’s established office use and its prominent street exposure may offer a practical foundation for adaptive reuse or redevelopment planning, subject to applicable approvals and underwriting. Offered at $2,000,000, this is a straightforward option for buyers looking for a centrally located office asset with freeway frontage.
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 | $290.3k | $17.52 |
| − Vacancy | −$66.5k | −$4.01 |
| EGI | $223.8k | $13.51 |
| − OpEx | −$55.9k | −$3.38 |
| NOI | $167.8k | $10.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.056906
- Latitude
- 42.324698
