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    15200 Commerce Dr Dearborn, MI 48120-1202
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    Property profile & analytics

    15200 Commerce Dr Dearborn, MI 48120-1202


    • Manufacturing properties
    • 67,661 SF
    • 5.82 lot acres
    Off-Market
    Last Sale May 25, 2023
    Property ID
    US43-1020049
    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
    $5,245,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 15200 Commerce Dr

    Year built
    1972
    Construction
    BRICK
    Lot size
    5.82 lot acres
    Property size
    67,661 SF
    Zone code
    IA
    Property type
    Manufacturing properties
    APN
    82 10 191 04 006
    APU
    821019104006

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,247,000
      Market price range: $1.75M - $5.25M
      AI Estimate
      $5,247,000
      Market price range: $1.75M - $5.25M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,410,000
      Current use
      RETAIL STORES
      $7,935,000
      Change: +133% Conversion: Moderate
      MEDICAL BUILDING
      $7,115,000
      Change: +109% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $6,880,000
      Change: +102% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $5,385,000
      Change: +58% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1884
    Latitude
    42.3123
    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
    $82,004
    $0.00
    $0.00
    $1,854,400
    -
    $0.00
    $0.00
    $3,708,800
    More about this property
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