Professional Office
For Sale
Contact for pricing
26931 Ford Road, Dearborn Heights, MI 48127
The space is currently occupied by an accounting firm and dates to 2017.
Property Size1,200 SF
Price / SF$3.33
Days on Market29
Property Features for 26931 Ford Road
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Additional Details
Tenant in Place
Yes
Property Use
Professional Office
Building Details
Year Built
2017
Listing Agency:
Century 21 Curran & Oberski
(313) 274-7200
Listed By:
Ali T Charara · License #6501340600
(313) 289-2222
Source:
Goodhomemi
Added: Oct 1
Changed: Oct 28
Last Checked: Oct 28 at 4:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Curran & Oberski
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot office unit was built in 2017 and is currently occupied by an accounting firm. Its present office use is a concrete reference point for the space’s configuration.
The property is at 26931 Ford Road in Dearborn Heights, Michigan. Tropical Smoothie Cafe and Basha Grill are identified as neighboring businesses.
The property is at 26931 Ford Road in Dearborn Heights, Michigan. Tropical Smoothie Cafe and Basha Grill are identified as neighboring businesses.
Key Highlights
- 1,200 square feet
- Built in 2017
- Currently occupied by an accounting firm
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,131
Suggested Prices Based on Cap Rates
Cap Rate 5%
$82,620
$82.6K
Cap Rate 7%
$59,014
$59.0K
Cap Rate 9%
$45,900
$45.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$7.2K $6.00/SF
− Vacancy
−$1.7K −$1.41/SF
EGI
$5.5K $4.59/SF
− OpEx
−$1.4K −$1.15/SF
NOI
$4.1K $3.44/SF
Area
Wayne County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$82,620
Cap Rate 7%
$59,014
Cap Rate 9%
$45,900
Alternative Uses
Best Use
Office B
$59.0K
$51.6K – $68.9K
NOI $4,131 @ 7.0% cap · market cap 103.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$222.2K
$194.4K – $259.2K
NOI $15,552 @ 7.0% cap · market cap 388.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
Demographics for 48127, MI
41,222
Population
14,616
Households
2.8
Avg Household Size
35
Median Age
29%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
5,354
Density / Sq Mi
$63,084
Median Household Income
$35,340
Median Earnings
$1,231
Median Rent
$217,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The space is currently occupied by an accounting firm and dates to 2017.
Where is this office unit located?
The property is located at 26931 Ford Road Dearborn Heights, MI.
What are key features of this property?
This property features: 1,200 square feet; Built in 2017; Currently occupied by an accounting firm
