Entity Owned Property summary
This exceptional three-story medical office building, located at 13530 Michigan Ave, Dearborn, MI 48126, presents a unique investment opportunity. Completely renovated in 2024, this single building property boasts a prime corner location at the intersection of Michigan Avenue and Schaefer, ensuring excellent visibility and high traffic exposure. The building is zoned COMMERCIAL and offers multiple medical suites available for lease, each with various build-outs catering to diverse practice needs. The property is ideal for established medical practices seeking turnkey solutions or new ventures looking to establish a presence in a thriving area. Ample parking is provided for patients and staff. The building's history as the Masri Advanced Medical Center speaks to its established reputation within the medical community. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a high-demand area. The multiple suites offer flexibility for various medical specialties or even other compatible uses. Interested parties should inquire for further details regarding suite sizes, lease terms, and available amenities.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic Hospital
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Medical Laboratory Otolaryngologist
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Pharmacy
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Medical Clinic
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Physician Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BC · Dearborn, MIR-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BC in Dearborn, MI.
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