Listing Agency: Empire Realty Fawaz & Arzouni Show Phone

Listed By: Malek Harajli · License #461859 Show Phone

Source: Exprealty

Added: Oct 11 Changed: Oct 19 Last Checked: Oct 19 at 2:20PM

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Investment Insights

Based on property information with market context.

This storefront property is situated at 4200 Schaefer Road in Dearborn, Michigan.

Key Highlights

• 4200 Schaefer Road address in Dearborn, Michigan

Property Analytics

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Current Use

PALACE LIQUOR (Bike/Boat/Book/etc) Store Western Union Bank Wrapido Restaurant

Suggested Use

Top Pick Real Estate Agency Electrical Service Storage Facility Catering Service (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,060

Businesses Nearby

84k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 66% Groceries 15% Dining 15% Home Improvements & Furnishings 2%

Bank of America Shops & Services

12,984 visits/mo 0.3 miles

Restaurant Depot Groceries

12,839 visits/mo 0.2 miles

Mobil Shops & Services

12,516 visits/mo 0.5 miles

Starbucks Dining

10,475 visits/mo 0.4 miles

Shell Shops & Services

6,083 visits/mo 0.2 miles

Demographics for 48126, MI

55,863

Population

16,919

Households

3.3

Avg Household Size

28

Median Age

24%

College-Educated

74%

High-School Grad

8.4 sq mi

ZIP Area

6,650

Density / Sq Mi

$42,353

Median Household Income

$27,724

Median Earnings

$1,222

Median Rent

$200,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Located on Schaefer Road in Dearborn, Michigan.

Where is this storefront property located?

The property is located at 4200 Schaefer Road Dearborn, MI.

What is the asking price?

The asking price for this property is $59,999.

What are key features of this property?

This property features: 4200 Schaefer Road address in Dearborn, Michigan