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Property profile & analytics
FOR SALE
Medical Office Space

10306 Dix Dearborn, MI 48120

1,725 SF 0.1 ac lot Built 1936
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US43-4492303
Property summary
AI-generated overview

This exceptional 1,725 square foot industrial property, situated on a 0.1-acre lot at 10306 Dix Road in Dearborn, Michigan, presents a unique investment opportunity. Recently renovated with a modern exterior and a brand-new roof (installed in 2024), this turnkey property offers significant advantages for a variety of commercial uses. Its strategic location on bustling Dix Road in South Dearborn ensures high visibility and accessibility to a large customer base. Originally a medical office, the adaptable space is ready for immediate occupancy. Convenient on-site parking is complemented by ample street parking, ensuring ease of access for clients and employees. The property's versatility makes it suitable for a range of businesses, from retail establishments to other commercial ventures. For those seeking expansion, an additional parking lot across the street is available for separate purchase. This property offers a compelling investment opportunity, and a potential land contract is available with a substantial down payment and adjusted price. Alternatively, the property is also available for lease at a monthly rate of $2,500. Don't miss this chance to secure a prime location in Dearborn's thriving commercial district.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1936
Total area 1,725 SF
Lot 0.1 ac (4,356 SF)
Zoning code BB
APN 82 10 213 19 006
UPID US43-4492303
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dix Palace LLC · 15 yrs held
Dix Palace LLC
since 2010
2 recorded transactions
2010
Price N/A
2010
Price N/A
Zoning & alternative use
BB · Dearborn, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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