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    Property profile & analytics
    OFF-MARKET
    Retail space

    15322 Warren Ave, Dearborn, MI 48126-1358

    2,000 SF 0.05 ac lot Built 1946
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1727093
    Property summary
    AI-generated overview

    This 2,000 square foot industrial property located at 15322 W WARREN, Dearborn, MI, presents a unique investment opportunity. Situated on a 0.05-acre lot, the property currently operates as a thriving smoke shop, generating a stable monthly lease income of $2,000. The business boasts a diverse inventory and benefits from its location in a high-traffic area, ensuring consistent customer flow. The existing lease provides a secure return on investment while offering significant potential for future growth and expansion. The property's strong performance history, coupled with its prime location, makes it an attractive proposition for investors seeking a turnkey business with established revenue streams. The building itself offers ample space for retail operations and storage, allowing for efficient management of inventory and customer service. This is a rare opportunity to acquire a profitable, established business in a desirable location with significant upside potential. The property is priced at $79,900, representing a compelling value proposition given the current lease income and the potential for future growth. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1946
    Total area 2,000 SF
    Lot 0.05 ac (2,178 SF)
    Zoning code BB
    APN 82 10 063 30 027
    UPID US43-1727093
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hookah Plus (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Diane Property Management LLC · 4 yrs held
    Diane Property Management LLC
    since 2022
    3 recorded transactions
    2022
    1969
    1969
    Zoning & alternative use
    BB · Dearborn, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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