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    18900 Michigan Ave Dearborn, MI 48126

    For Sale
    $6,000,000

    259,000 SF commercial property in Dearborn, Michigan.

    Property size:
    259,000 SF
    Lot size:
    133.73 Acres

    Property Features for 18900 Michigan Ave

    General Information

    Size
    259,000 SF
    Lot size
    133.73 Acres

    Source: Stokas Bieri Real Estate Agent Alex Bieri

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dearborn Commercial Property For Sale

    This commercial property, located in Dearborn, Michigan, offers 259,000 square feet of space. The use of the parking fields, sidewalks, and roadways, including the ring road, is a non-exclusive perpetual right.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store Chauhan Bharat J ... Dentist Auntie Anne's Bakery Spencer's Jewelry Store Victoria's Secret & PINK ... Lingerie Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Great Western Trailer Sales

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2244754
    Latitude
    42.316471

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    FAQs

    What type of property is this?
    Parking lot & garage - 259,000 SF commercial property in Dearborn, Michigan.
    Where is this parking lot & garage located?
    The property is located at 18900 Michigan Ave Dearborn, MI.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Non-exclusive perpetual right to use parking fields.; - Non-exclusive perpetual right to use sidewalks.; - Non-exclusive perpetual right to use roadways.
    (248) 351-6280
    Request Owner's contact information
    18900 Michigan Ave Dearborn, MI 48126
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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
    18900 Michigan Ave Dearborn, MI 48126
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