Property profile

21001 Van Born Rd Dearborn Heights, MI 48125

OFF-MARKET
Office Spaces
415,606 SF Built 1966
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Property summary

AI-generated overview

This exceptional 415,606 square foot executive office building, located at 21001 Van Born Road in Dearborn Heights, Michigan, presents a significant investment opportunity. Situated on an expansive 18.05-acre lot, this single-tenant property boasts a rich history, having been constructed in 1966 and extensively renovated in 2003. The building's high-tech infrastructure was fully upgraded during a previous tenant's occupancy, reflecting a commitment to modern functionality. The property's Wayne County location (APN: 60 002 99 0001 701) offers convenient access to major transportation routes. While currently vacant, the building's substantial size and advanced technological capabilities make it ideally suited for a variety of large-scale corporate operations. The previous tenant, a multinational automotive manufacturer, occupied the space under a long-term lease, highlighting the property's appeal and suitability for substantial, long-term commitments. This presents a unique chance to acquire a fully modernized, large-scale office building in a strategic location. The property's size and features make it suitable for a variety of uses, offering significant potential for future development and return on investment. The 48125 zip code provides access to a robust local workforce and amenities. This is a rare opportunity to acquire a substantial, high-quality office building in a prime location.

Property profile

Verified
Property type Office Spaces
Year built 1966
Total area 415,606 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21001 Van Born Rd Dearborn Heights, MI 48125
Dearborn Heights metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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