Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5320 Schaefer Rd Dearborn, MI 48126

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,500,000

    Commercial property on heavily trafficked Schaefer Road with parking.

    Lot size:
    0.29 Acres

    Property Features for 5320 Schaefer Rd

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    2002

    Source: RE/MAX Team 2000 Agent Yousef Beydoun

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

    Overview

    Schaefer Road Commercial Property

    The sale includes the business and real estate. Located on Schaefer Road, the building features 20-foot ceilings and on-site parking. The property is in a prime Dearborn location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Macy Cleaners 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

    Lamas Florist

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.175923
    Latitude
    42.3267113

    Nearby Similar for Sale

    • $264,900
      1,622 SF

      West Dearborn Multifamily Investment Opportunity

      Turn-key duplex in booming Dearborn, ideal for investors or owner-occupants.
      2744 Pardee Ave, Dearborn, MI 48124
      View Details
    • $295,000
      2,000 SF

      Solid Brick Dearborn Duplex Home

      Brick duplex with flexible living options and investment potential.
      7019 Barrie St, Dearborn, MI 48126
      View Details
    • $1,800,000
      4,800 SF

      Established Auto Repair Business Opportunity

      Thriving auto repair business and real estate for sale in Dearborn.
      14433 W Warren Ave, Dearborn, MI 48126
      View Details
    • $2,500,000
      7,808 SF

      Fully Occupied Medical Building

      Fully leased medical building in Dearborn with established medical tenants.
      5245 Schaefer Rd, Dearborn, MI 48126
      View Details
    • New
      $799,999
      3,200 SF

      Dearborn Commercial Building on Ford

      3,200 sq ft commercial building on high-traffic Ford Road.
      14455 Ford Rd, Dearborn, MI 48126
      View Details
    • $3,950,000
      14,025 SF

      Dearborn Commercial Property on Michigan Avenue

      Centrally located commercial property in a high-traffic business district.
      15241 Michigan Ave Ave, Dearborn, MI 48126
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercial property on heavily trafficked Schaefer Road with parking.
    Where is this storefront property located?
    The property is located at 5320 Schaefer Rd Dearborn, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Includes both Business and Real Estate; - Prime Dearborn location on heavily trafficked Schaefer Road; - Turn-key ready
    (313) 561-0900
    Request Owner's contact information
    5320 Schaefer Rd Dearborn, MI 48126
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5320 Schaefer Rd
    Dearborn, MI 48126
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5320 Schaefer Rd Dearborn, MI 48126
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.