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    18512 Outer Dr W Dearborn, MI 48128

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    For Sale
    $130,000

    Established smoke shop with inventory, online store, and lottery.

    Lot size:
    0.06 Acres

    Property Features for 18512 Outer Dr W

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1957

    Source: Keller Williams Legacy Agent Zack Daher

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

    Overview

    Profitable Smoke Shop Business Opportunity

    This established smoke shop, founded in 2021, is available for purchase. The business has over 150 five-star reviews and has become a staple in the community. Located on Outer Drive, the business includes all inventory, an online store, a POS system, lottery, and Western Union services. The store is SBA approved, and the rent is below market value with two options to renew for up to an additional 10+ years.
    Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Bitcoin ATM Dearborn ... Atm Sunny Side Smoke ... Tobacco Shop Pioneer Dry Cleaner Dry Cleaner

    Suggested Use

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

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

    Similar Places Nearby

    Flower Boutique, Perfect Events Floral

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2572768
    Latitude
    42.3197002

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    FAQs

    What type of property is this?
    Storefront property - Established smoke shop with inventory, online store, and lottery.
    Where is this storefront property located?
    The property is located at 18512 Outer Dr W Dearborn, MI.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Established, Profitable Business: Generating income since 2021 with a strong reputation (150+ five-star reviews).; - SBA Approved with Below-Market Rent: Offers financial advantages and stability with long-term renewal options (up to 10+ years).; - Prime Location: Situated in a desirable area on Outer Drive, a community staple.
    (313) 752-0000
    Request Owner's contact information
    18512 Outer Dr W Dearborn, MI 48128
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    Dearborn, MI 48128
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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
    18512 Outer Dr W Dearborn, MI 48128
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