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    Property profile & analytics
    OFF-MARKET Estimated value $5,245,000
    Manufacturing properties

    15200 Commerce Dr, Dearborn, MI 48120-1202

    67,661 SF 5.82 ac lot Built 1972
    Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1020049
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 15200 N. Commerce Drive in Dearborn, Michigan, presents a significant opportunity. The single-story warehouse building encompasses 66,596 square feet, with approximately 10% dedicated to office space. Constructed in 1972, the building sits on a generous 5.82 acres of land, providing ample room for expansion or outdoor storage. The warehouse boasts a substantial 21-foot ceiling height, ideal for various industrial uses and high-volume storage. The property offers significant parking capacity with 365 spaces available for employees and visitors. Furthermore, the building is equipped with heavy power, catering to businesses with significant energy demands. The property's single-tenant occupancy provides stability and ease of management. Its strategic location in Dearborn, MI, zip code 48120, offers convenient access to major transportation routes and a skilled workforce. This property is an excellent investment for businesses seeking a functional and spacious warehouse in a prime location. The building's size, features, and location make it a highly desirable asset in the Dearborn industrial market.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1972
    Construction BRICK
    Total area 67,661 SF
    Lot 5.82 ac (253,519 SF)
    Zoning code IA
    APN 82 10 191 04 006
    UPID US43-1020049
    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
    by Request
    Comparable Approach Comparable
    $5.25M
    Blend (final) Blend
    $5.25M
    Owner & transaction history
    G&1 Xi Bkg Pool I LLC · 3 yrs held
    G&1 Xi Bkg Pool I LLC
    since 2023
    5 recorded transactions
    2023
    2020
    2015
    $2.3M
    1969
    1969
    Zoning & alternative use
    IA · Dearborn, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $7.9M +132.7%
    Medical building $7.1M +108.7%
    Commercial (general) $6.9M +101.8%
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