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14555 Rotunda Dr Dearborn, MI 48126

Industrial properties Google Maps
60,000 SF 4.71 ac lot Built 1991
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$4.66M
Range $4.19M – $5.12M (±10%)
Property ID US43-5114115

Property summary

AI-generated overview

Schaefer Court II, located at 14555 Rotunda Dr, Dearborn, MI 48120, presents a unique opportunity for businesses seeking flexible industrial space. This single-story, 60,765-square-foot building offers a versatile layout suitable for warehouse, flex, or R&D operations. The property features 11' to 16' ceiling heights, providing ample vertical space for various uses. Two dock-high doors ensure efficient loading and unloading. The building boasts windows on four sides, allowing for abundant natural light. On-site parking is available, and the property is surrounded by well-maintained landscaping. The building's design allows for conversion of office areas to warehouse or assembly space, offering adaptability to evolving business needs. Strategically located near Ford Motor Company's campus, Schaefer Court II provides convenient access to major transportation arteries, including I-94 and M-39, placing it within easy reach of downtown Detroit, Metro Airport, Southfield, and the I-75 and I-275 corridors. This property is available for sale or lease.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1991
Total area 60,000 SF
Lot 4.71 ac (205,168 SF)
Zoning code IB
APN 82 10 192 05 003
UPID US43-5114115

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.65M
Blend (final) Blend
$4.66M

Owner & transaction history

since 2013
5 recorded transactions
2013
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IB · Dearborn, MI
Zoning description

[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B-C, GENERAL BUSINESS DISTRICT[1] ARTICLE 17.00 - B-D, DOWNTOWN BUSINESS DISTRICT ARTICLE 18.00 - I-A, LIGHT INDUSTRIAL DISTRICT[1] ARTICLE 19.00 -…

General category INDUSTRIAL
Top alternative use upside
Retail stores $7.0M +132.7%
Medical building $6.3M +108.7%
Commercial (general) $6.1M +101.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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