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    22236 Michigan Ave Dearborn, MI 48124

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    For Lease
    Contact for pricing

    Prime vacant land available for lease in downtown Dearborn.

    Property size:
    32,000 SF
    Lot size:
    0.55 Acres

    Property Features for 22236 Michigan Ave

    General Information

    Size
    32,000 SF
    Lot size
    0.55 Acres

    Source: Thomas A. Duke Company Agent Frank Rakipi

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

    Overview

    Vacant Parcel in Downtown Dearborn

    This vacant parcel, encompassing 32,000 square feet, is positioned in Dearborn's Downtown District. It presents an opportunity for development on Michigan Avenue, benefiting from high visibility and access to free municipal parking at the rear of the site. The site is suitable for build-to-suit projects ranging from 2,500 to 8,000 square feet, accommodating retail, office, or apartment uses. Its location places it in the heart of Dearborn's Downtown District.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2488334
    Latitude
    42.3054397

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    FAQs

    What type of property is this?
    Commercial land - Prime vacant land available for lease in downtown Dearborn.
    Where is this commercial land located?
    The property is located at 22236 Michigan Ave Dearborn, MI.
    What are key features of this property?
    This property features: - Last remaining vacant parcel in Dearborn's Downtown District; - Highly visible site on Michigan Avenue; - Access to free municipal parking
    (313) 478-5400
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    Dearborn, MI 48124
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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
    22236 Michigan Ave Dearborn, MI 48124
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