Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14438 Warren Ave Dearborn, MI 48126-1366
    Back to Search
    Property profile & analytics

    14438 Warren Ave, Dearborn, MI 48126-1366

    View on Map
    • Retail space
    • 800 SF
    • 0.10 lot acres
    Off-Market
    Last Sale Oct 13, 2023
    $125,000
    Property ID
    US43-5280857
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Arabian Meats Market / Take-out & Catering / Butcher

    Property Details for 14438 Warren Ave

    Year built
    1950
    Lot size
    0.10 lot acres
    Zone code
    BB
    Property type
    Retail space
    APN
    82 10 064 20 013
    APU
    821006420013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 13, 2023 $150,000 Suleiman Enterprises LLC Saad Hassan Quit Claim Deed · related —
    Apr 10, 2023 $125,000 Saad Hassan Maria Greco Warranty Deed —
    Sep 20, 2017 — Saad Hassan Greco,bernardo Quit Claim Deed —
    Aug 30, 2011 $1,000 S & S Group 1 INC Tekko Ents INC Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.185
    Latitude
    42.3441
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,533
    $0.00
    $0.00
    $61,100
    -
    $0.00
    $0.00
    $122,200

    Comparable in this City

    • Value Estimation by Request
      1,521 SF

      13159 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES)
      13159 Michigan Ave, Dearborn, MI 48126-3530
      View Details
    • Value Estimation by Request
      2,130 SF

      13742 Warren Ave

      RETAIL STORES (PERSONAL SERVICES)
      13742 Warren Ave, Dearborn, MI 48126-1423
      View Details
    • Value Estimation
      $580,000
      5,307 SF

      15031 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES)
      15031 Michigan Ave, Dearborn, MI 48126-3443
      View Details
    • Value Estimation by Request
      2,486 SF

      14233 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES)
      14233 Michigan Ave, Dearborn, MI 48126-3524
      View Details
    • Value Estimation by Request
      5,186 SF

      14246 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES)
      14246 Michigan Ave, Dearborn, MI 48126-3525
      View Details
    • Value Estimation
      $1,295,000
      14,025 SF

      15241 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES)
      15241 Michigan Ave, Dearborn, MI 48126-2929
      View Details

    Similar Nearby for Sale

    • $1,800,000
      4,800 SF

      Established Auto Repair Business Opportunity

      Thriving auto repair business and real estate for sale in Dearborn.
      14433 W Warren Ave, Dearborn, MI 48126
      View Details
    • Contact for pricing
      4,800 SF

      Established Auto Repair Business For Sale

      Thriving auto repair business with real estate and expansion potential.
      14427-14433 W Warren Ave, Dearborn, MI 48126
      View Details
    • Contact for pricing
      Pending

      Updated Commercial Building on Michigan Avenue

      Move-in ready commercial building with high visibility and ample parking.
      14217 Michigan Ave, Dearborn, MI 48126
      View Details
    • Contact for pricing

      Fragrance Boutique in Dearborn

      Thriving fragrance boutique for sale in active commercial district.
      15301 W Warren Ave, Dearborn, MI 48126
      View Details
    • Contact for pricing
      7,120 SF

      Mixed-Use Building on Prime Retail Lot

      Unique mixed-use building with parking on a high-traffic corner.
      8805 Tireman Ave, Dearborn, MI 48126
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      1,722 SF

      Dearborn Commercial Space for Rent

      Versatile 1,722 sq ft commercial space in prime Dearborn location.
      14805 W Warren Ave, Dearborn, MI 48126
      View Details
    • $5,000 /Mo
      Pending

      Retail Space with Bonus Area

      3,000 SF retail space with additional 3,000 SF bonus space.
      5070 Schaefer Rd, Dearborn, MI 48126
      View Details
    • $4,500 /Mo
      2,400 SF

      Dearborn Commercial Space for Rent

      2400 sq ft commercial space suitable for office, medical, retail.
      6307-6309 Schaefer Rd, Dearborn, MI 48126
      View Details
    • $4,400 /Mo
      3,200 SF

      Ford Road Commercial Opportunity

      High-visibility 3,200 sq ft property suitable for various businesses.
      14455 Frd Rd Rd, Dearborn, MI 48126
      View Details
    • $2,200 /Mo
      9,500 SF

      Dearborn Commercial Space For Lease

      Commercial space suitable for office, medical, or retail use.
      6307 Schaefer Rd, Dearborn, MI 48126
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14438 Warren Ave
    Dearborn, MI 48126-1366
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14438 Warren Ave, Dearborn, MI, 48126
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!