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    13530 Michigan Ave Dearborn, MI 48126

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Michigan Ave location, multiple suites available.

    Lot size:
    5,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story medical office building, located at 13530 Michigan Ave, Dearborn, MI 48126, presents a unique investment opportunity. Completely renovated in 2024, this single building property boasts a prime corner location at the intersection of Michigan Avenue and Schaefer, ensuring excellent visibility and high traffic exposure. The building is zoned COMMERCIAL and offers multiple medical suites available for lease, each with various build-outs catering to diverse practice needs. The property is ideal for established medical practices seeking turnkey solutions or new ventures looking to establish a presence in a thriving area. Ample parking is provided for patients and staff. The building's history as the Masri Advanced Medical Center speaks to its established reputation within the medical community. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a high-demand area. The multiple suites offer flexibility for various medical specialties or even other compatible uses. Interested parties should inquire for further details regarding suite sizes, lease terms, and available amenities.

    Property Features for 13530 Michigan Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,800 SF

    Building Details

    Year Renovated
    2024
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $15
    Space
    Available Space 3
    Size
    2,000 SF
    Rate per SF
    $15
    Space
    Available Space 2
    Size
    1,800 SF
    Rate per SF
    $15

    HighLights

    • Historic Masri Advanced Medical Center building.
    • Prime corner location at Michigan Avenue & Schaefer with excellent street visibility.
    • Multiple medical suites available for immediate occupancy.
    • Turnkey condition, ready for your practice.
    • Units feature diverse build‑outs.
    • Suitable for various medical and professional uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Advanced Surgery Center Surgical Center Michigan Specialty Physicians ... Medical Laboratory Medex Pharmacy LLC Pharmacy Masri Clinic for Laser ... Plastic Surgery Clinic Dr. Raj K. ... Cosmetic Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -83.1755088
    Latitude
    42.322545

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    FAQs

    What type of property is this?
    Medical office - Prime Michigan Ave location, multiple suites available.
    Where is this medical office located?
    The property is located at 13530 Michigan Ave Dearborn, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Historic Masri Advanced Medical Center building.; Prime corner location at Michigan Avenue & Schaefer with excellent street visibility.; Multiple medical suites available for immediate occupancy.
    Request Owner's contact information
    13530 Michigan Ave 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
    13530 Michigan Ave Dearborn, MI 48126
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