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    10306 Dix Dearborn, MI 48120

    For Sale
    $429,000

    Prime Dearborn location, renovated industrial space.

    Property size:
    1,725 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1,725 square foot industrial property, situated on a 0.1-acre lot at 10306 Dix Road in Dearborn, Michigan, presents a unique investment opportunity. Recently renovated with a modern exterior and a brand-new roof (installed in 2024), this turnkey property offers significant advantages for a variety of commercial uses. Its strategic location on bustling Dix Road in South Dearborn ensures high visibility and accessibility to a large customer base. Originally a medical office, the adaptable space is ready for immediate occupancy. Convenient on-site parking is complemented by ample street parking, ensuring ease of access for clients and employees. The property's versatility makes it suitable for a range of businesses, from retail establishments to other commercial ventures. For those seeking expansion, an additional parking lot across the street is available for separate purchase. This property offers a compelling investment opportunity, and a potential land contract is available with a substantial down payment and adjusted price. Alternatively, the property is also available for lease at a monthly rate of $2,500. Don't miss this chance to secure a prime location in Dearborn's thriving commercial district.

    Property Features for 10306 Dix

    General Information

    Property type
    Industrial properties
    Square Feet
    1,725 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1919
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.14603
    Latitude
    42.30344

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    FAQs

    What type of property is this?
    Industrial property - Prime Dearborn location, renovated industrial space.
    Where is this industrial property located?
    The property is located at 10306 Dix Dearborn, MI.
    What is the asking price?
    The asking price for this property is $429,000.
    (313) 561-0900
    Request Owner's contact information
    10306 Dix Dearborn, MI 48120
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    Dearborn, MI 48120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10306 Dix Dearborn, MI 48120
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