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    5461 Schaefer Rd, Unit 3 Dearborn, MI 48126

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    For Lease
    $2,899 /Mo

    2,500 sq ft space in high-traffic East Dearborn location.

    Lot size:
    0.72 Acres

    Property Features for 5461 Schaefer Rd

    General Information

    Lot size
    0.72 Acres

    Building Details

    Year built
    1986

    Source: Simon & Associates Real Estate Agent Simon Saleh

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

    Overview

    East Dearborn Commercial Space Available

    This commercial space offers approximately 2,500 sq ft in a high-traffic area of East Dearborn. The location is situated near Shibam Coffee Luxury, medical offices, restaurants, and major roads, providing visibility and accessibility. The space is suitable for various uses, including food service, medical practice, retail, or a professional office. The property benefits from both foot and vehicle traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sunshine Physical Therapy ... Physical Therapist Shibam Coffee Coffee Shop

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.176272
    Latitude
    42.328722

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    FAQs

    What type of property is this?
    Retail space - 2,500 sq ft space in high-traffic East Dearborn location.
    Where is this retail space located?
    The property is located at 5461 Schaefer Rd, Unit 3 Dearborn, MI.
    What are key features of this property?
    This property features: - Prime location in the heart of East Dearborn with high visibility and accessibility.; - Approximately 2,500 sq ft of versatile space suitable for various business types.; - High foot and vehicle traffic, providing excellent business growth potential.
    (248) 635-2880
    Request Owner's contact information
    5461 Schaefer Rd, Unit 3 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
    5461 Schaefer Rd, Unit 3 Dearborn, MI 48126
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