Property profile

10425 W Warren Ave Dearborn, MI 48126

FOR LEASE
Grocery and convenience stores
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Property ID
US43-0402738
3,189 SF 0.1 ac Built 1993
Last sale Mar 2023·$525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at W 10425 W Warren Avenue is a retail space measuring 3,276 square feet, located in the business district of downtown East Dearborn. The interior has been updated with new flooring, drywall, and paint. The site is positioned along W Warren Avenue and is described as having reported daily traffic exceeding 45,000 vehicles, providing street exposure. The property is within the B-B Community Business District, a zoning classification that allows multiple stated use categories,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value · 2024$165k
Effective rate6.28%

Value estimate

· Nov 2026
$445k
$401k – $490k
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$3k
Operating expenses−$17k
NOI · 967.76% cap applied$41k

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$108/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$70 – $136
Qualifying comparables24

Cap rate analysis

How does the asset earn?
967.76%
$41k 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?
BB
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 agency15.0
Kitchen & Bath11.2
Spa & Massage11.1

Location

10425 W Warren Ave Dearborn, MI 48126
County assessor Recorded deeds · 6 transfers 24 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13102 Michigan, Dearborn, MI 48126-3531 $1,200,000 Jan 2025 3,388 SF
10000 Frd, Dearborn, MI 48126-3329 $1,600,000 Jan 2025 3,408 SF
4423 Schaefer, Dearborn, MI 48126-3607 $635,000 Sep 2024 3,516 SF
13537 Michigan, Dearborn, MI 48126-3510 $235,000 Aug 2024 3,062 SF
7551 Wyoming, Dearborn, MI 48126-1681 $575,000 Jan 2024 2,560 SF
13255 Michigan, Dearborn, MI 48126-3538 $196,220 Aug 2023 2,897 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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