$299,900 964 SF

7247 Schaefer Rd, Dearborn, MI 48126
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A medical/office suite built out for professional use, featuring a finished basement and multiple private rooms configured to support operations requiring dedicated offices or treatment spaces rather than an open-plan workflow. The suite is located on Schaefer Road in East Dearborn, with frontage and exposure near Warren Road that provides street visibility for patient or client access. The interior layout includes private room options and additional usable area within the finished basement.

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.

Debts

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?

$5k

Tax billed · 2023

Assessed value · 2024$88k

Effective rate6.27%

Value estimate

· Oct 2026

$140k

$126k – $154k

NOI build-up

Gross scheduled income$31k

Vacancy & credit loss−$2k

Operating expenses−$11k

NOI · 5.63% cap applied$17k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$105/SF

Submarket average, outlier-cleaned · 29 recorded sales of this use type

Observed band · Q1–Q3$76 – $135

Qualifying comparables5

Cap rate analysis

How does the asset earn?

5.63%

$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

SIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS ...

General categoryCOMMERCIAL

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency22.4

Spa & Massage14.9

Parking Facility14.0

7247 Schaefer Rd Dearborn, MI 48126

County assessor Recorded deeds · 3 transfers 5 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 · 15 properties nearby

Address Sale price Sold Size

13244 Warren, Dearborn, MI 48126-1415 $350,000 Mar 2025 2,377 SF

15608 Michigan, Dearborn, MI 48126-2902 $190,000 Nov 2024 1,150 SF

10801 Warren, Dearborn, MI 48126-1191 $500,000 Mar 2023 2,834 SF

4726 Greenfield, Dearborn, MI 48126-4124 $325,000 Sep 2022 2,304 SF

6549 Schaefer, Dearborn, MI 48126-1812 $215,000 Jun 2022 1,650 SF

4700 Schlaff, Dearborn, MI 48126-3134 $231,000 Jun 2021 1,413 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

Value Estimation
$190,000

1,150 SF

15608 Michigan Ave

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15608 Michigan Ave, Dearborn, MI 48126-2902

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Value Estimation
$170,000

1,511 SF

15700 Michigan Ave

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15700 Michigan Ave, Dearborn, MI 48126-2903

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Value Estimation
$170,000

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5649 Schaefer Rd

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5649 Schaefer Rd, Dearborn, MI 48126-2252

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Value Estimation
$220,000

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6549 Schaefer Rd

MEDICAL BUILDING

6549 Schaefer Rd, Dearborn, MI 48126-1812

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Value Estimation
$220,000

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6600 Schaefer Rd

DENTAL BUILDING

6600 Schaefer Rd, Dearborn, MI 48126-4502

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Value Estimation
$210,000

2,081 SF

5266 Schaefer Rd

MEDICAL BUILDING

5266 Schaefer Rd, Dearborn, MI 48126-3228

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