Financial
Distress signals
Property profile

2515 Monroe St Dearborn, MI 48124

OFF-MARKET
Retail space
Property ID
US43-1292142
3,802 SF 0.32 ac lot Built 1960
Last sale Aug 2021 · $515,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$207k
Effective rate6.05%

Value estimate

· Sep 2026
$610k
$549k – $671k
Submarket $/SF estimate$507k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$77 – $160
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BA
RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDEN...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center12.7
Wholesale Shop11.7
Electrical Service11.7

Location

2515 Monroe St Dearborn, MI 48124-3013
County assessor Recorded deeds · 2 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22680 Newman, Dearborn, MI 48124-1597 $800,000 Apr 2025 4,741 SF
2731 Monroe, Dearborn, MI 48124-3017 $700,000 Apr 2023 2,633 SF
1911 Monroe, Dearborn, MI 48124-2916 $300,000 Jan 2022 3,880 SF
24512 Michigan, Dearborn, MI 48124-1711 $440,000 Nov 2021 5,429 SF
24706 Michigan, Dearborn, MI 48124-1750 $400,000 Jun 2020 5,985 SF
940 Monroe, Dearborn, MI 48124-2310 $500,000 Jan 2020 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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