Financial
Distress signals
Property profile

10531 Wren St Dearborn, MI 48120

OFF-MARKET
Retail space
Property ID
US43-1786184
1,400 SF 0.31 ac lot Built 1948
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding commercial building located in Dearborn City, Michigan, providing approximately 1,400 square feet of indoor space. The property includes ample on-site parking and has convenient access to major freeways. It is situated near Ford-related facilities and other area businesses, and is located within the broader Dearborn and downtown Detroit area, close to local dining and shopping. The building was previously used as a bar and has a configuration suitable for re-use by a new…

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?
$3k
Tax billed · 2023
Assessed value · 2024$65k
Effective rate4.18%

Value estimate

· Sep 2026
$290k
$261k – $319k

Realmo valuation models over county records and 6 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 comparables6

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?
IC
T[1] ARTICLE 16.00 - B-C, GENERAL BUSINESS DISTRICT[1] ARTICLE 17.00 - B-D, DOWNTOWN BUSINESS DISTRICT ARTICLE 18.00 - I-A, LIGHT INDUSTR...
General categoryINDUSTRIAL
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 agency17.7
Hair Salon12.4
Spa & Massage12.1

Location

10531 Wren St Dearborn, MI 48120-1415
County assessor Recorded deeds · not on file 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10425 Dix, Dearborn, MI 48120-1505 $75,000 Sep 2024 6,064 SF
9480 Dix, Dearborn, MI 48120-1528 $30,000 Aug 2024 855 SF
2813 Salina, Dearborn, MI 48120-1554 $45,000 Sep 2023 1,750 SF
10045 Vernor, Dearborn, MI 48120-1513 $285,000 May 2021 2,949 SF
15400 Commerce, Dearborn, MI 48120-1221 $875,000 Apr 2021 3,451 SF
2461 Akron, Dearborn, MI 48120-1569 $75,000 Jan 2019 3,659 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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