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    OFF-MARKET
    Residential income homes

    13975 Michigan Ave, Dearborn, MI 48126

    12,600 SF Built 1948
    Entity Owned
    Property ID
    US43-4626345
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 13975 Michigan Avenue in Dearborn, Michigan, presents a unique investment opportunity. Boasting a total of 12,600 square feet across three stories, this 1948-built building sits on a 7,000 square foot lot and is zoned for commercial use. The ground floor offers 4,200 square feet of commercial space, perfect for a variety of businesses, and includes ample parking. The upper two floors, each exceeding 4,200 square feet, are zoned for residential use, providing significant potential for rental income or personal use. Architectural plans and prints are included in the asking price of $1,150,000 ($91.27 per square foot). A land contract with 0% interest is available. Recent improvements include a new roof and roof hatch, installed less than a year ago. This property offers unparalleled visibility in a prime East Dearborn location, making it an ideal investment for discerning buyers. All measurements are approximate. Don't miss this chance to acquire a well-maintained, high-potential mixed-use property in a thriving Michigan market.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1948
    Total area 12,600 SF
    UPID US43-4626345
    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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    Blend (final) Blend
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    Owner & transaction history
    Michigan Avenue Folio LLC
    Michigan Avenue Folio LLC
    since 2026
    1 recorded transaction
    2026
    $1.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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