1240 THIRD
Office Bldg--3 Stories Or Less · Detroit · 48226
At a glance
1240 THIRD in Detroit, MI is listed on the Detroit property roll as “Office Bldg--3 Stories Or Less”, parcel ID 04000207. The roll records 6,060 sq ft of building area, a 1968 build year and an assessed value of $579,100. It last sold for $5,850,000 in Mar 2019 on a deed covering 2 parcels.
Recorded transfers — county roll + state sale file
Sale history
The most recent transfer covered 2 parcels. The price shown is the whole transaction, not this parcel alone, so any per-square-foot figure is measured across everything the deed conveyed. The county record carries no multi-parcel flag for it; the parcels were identified by their identical price, date and ZIP.
| Recorded | Price | Qualification | Source | Instrument |
|---|---|---|---|---|
| Mar 2019 | $5,850,000 | not rated | County roll | — |
Prices are the consideration recorded in Detroit's public property records. Where a qualification code exists it is the assessor's judgement of whether a transfer was arm's length; transfers without one appear unrated rather than assumed clean. Whether a building is on the market today, and at what price, is not a public record and is not shown here — asking prices, listings and lease terms live in private commercial databases.
Detroit assessment roll
Parcel record
| Field | Value |
|---|---|
| parcel ID | 04000207 |
| Site address | 1240 THIRD |
| Land use (DOR) | — Office Bldg--3 Stories Or Less |
| Building area (actual) | 6,060 sq ft |
| Floors / units / buildings | — / — / — |
| Lot size | — |
| Year built | 1968 |
| Zoning (primary) | — |
| Land value | — |
| Building value | — |
| Total assessed value | $579,100 |
Recorded owner (assessment roll)
613 ABBOTT EQUITIES LLC
613 ABBOTT TC EQUITIES LLC
Owner mailing address: 55 5TH AVE FL 15, NEW YORK, NY, 10003
5 Detroit office properties share this owner mailing address →
Commercial property is usually held one building per entity; a shared mailbox is how the roll reveals a portfolio. It is evidence of common ownership, not proof.
Location
- Address
- 1240 THIRD
- City
- Detroit
- ZIP
- 48226
Within ~650 m
Nearby office buildings
No other office parcels within ~650 m.
How does 1240 THIRD compare with other Detroit office buildings?
At 6,060 sq ft, 1240 THIRD is less than a fifth the size of the average office building on the Detroit roll, which comes to 40,771 sq ft across 1,416 buildings.
Its assessed value works out to $96 per square foot of building area, against $22 across all office floor area on the roll.
The last recorded sale priced it at $72 per square foot across the parcels conveyed.
Does the owner of 1240 THIRD hold other Detroit office property?
5 Detroit office properties (5 parcels, 1.1M sq ft) are recorded to 3 owner entities sharing this parcel's tax-bill mailing address. A shared mailing address is evidence of common ownership, not proof of it.
What has happened at 1240 THIRD recently?
1 recorded transfer is on file for this parcel, the latest dated Mar 2019.
What does “Office Bldg--3 Stories Or Less” mean for this parcel?
The Detroit roll classifies parcel ID 04000207 as “Office Bldg--3 Stories Or Less”. BuildingCensus includes a parcel in its office census when the roll gives it an office-class use, so the label is the county's, not an inference.
Frequently asked questions
Who owns 1240 THIRD?
The recorded owner on the Detroit assessment roll (current) is 613 ABBOTT EQUITIES LLC, 613 ABBOTT TC EQUITIES LLC. Owner mailing address on file: 55 5TH AVE FL 15, NEW YORK, NY, 10003.
How big is 1240 THIRD?
The Detroit roll records 6,060 sq ft of building area, a build year of 1968.
What is the assessed value of 1240 THIRD?
$579,100 on the Detroit roll. Assessed values are taxable-roll figures, not market prices.
When did 1240 THIRD last sell?
The last recorded transfer was in Mar 2019 for $5,850,000, on one deed conveying 2 parcels ($72 per square foot).
What is the parcel ID for 1240 THIRD?
Parcel ID 04000207, site address 1240 THIRD, Detroit. It is the key to look the parcel up in the City of Detroit open-data parcel roll (Detroit).
More around 1240 THIRD
Everything here comes from public records, and public records go stale. If you know better, say so.
Data provenance — public records only
- Detroit — City of Detroit open-data parcel roll (taxpayer names and mailing addresses, nightly), the assessor sales view with prices and counterparties, and the city's energy benchmarking ordinance datasets. The licence roll covers regulated trades only, so no tenant layer is possible.
Every fact on this page is drawn from the government records above — no listing sites, no scraped platforms, no third-party images. Facts from public records are uncopyrightable; each tenancy row carries its source and match confidence. Records can lag reality — a business-tax receipt or registration at an address is evidence of occupancy, not a lease confirmation.
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Dataset updated . Source: Detroit assessment roll, parcel ID 04000207.
About this data
Source: City of Detroit open-data parcel roll (Detroit), as published September 21, 2026. See the methodology for how records are matched, cleaned and scored.
Cite as: BuildingCensus, “1240 THIRD, Detroit, MI (parcel ID 04000207)”, https://buildingcensus.com/offices/detroit/office-building-0bbc8fe4 (data as of September 21, 2026).