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Property profile

1170 Mason St Dearborn, MI 48124

OFF-MARKET
Other specialty properties
Property ID
US43-1244572
5,463 SF 0.3 ac lot Built 1961
Last sale Sep 2025 · $855,000
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. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Freestanding flex property located at 1170 Mason Street in Dearborn, Michigan, featuring a commercial building constructed in 1961 with more than 5,400 square feet of usable space. The property sits on a spacious lot and is configured in a flexible manner intended to support a range of commercial uses, subject to applicable approvals and zoning requirements. The property is designated under Commercial zoning and is positioned within an area of established businesses and retail, with access to major thoroughfares serving West Dearborn.

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$201k
Effective rate5.01%

Value estimate

· Oct 2026
$345k
$311k – $380k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$32/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$20 – $43

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.6
Daycare Center10.0
Tailor Shop9.6

Location

1170 Mason St Dearborn, MI 48124-2801
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

1 recorded sale · 11 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
2640 Monroe, Dearborn, MI 48124-3016 $65,000 Jan 2025 8,576 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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