Property profile

15201 Commerce Dr Dearborn, MI 48120

OFF-MARKET
Warehouses
Property ID
US43-3110241
27,550 SF 3.86 ac lot Built 1972
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Total area 27,550 SF
Lot 3.86 ac (168,142 SF)
Zoning code IA
APN 82 10 191 06 010
UPID US43-3110241

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pharmacy Industrial Manufacturer

Location

15201 Commerce Dr Dearborn, MI 48120-1201
Dearborn metro Census 983700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$725k

Owner & transaction history

since 2012
4 recorded transactions
2023
Price N/A
2017
Price N/A
2017
Price N/A
2012
Price N/A

Zoning & alternative use

IA · Dearborn, MI
Zoning description

CT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[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 -…

General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $2.2M +112.6%

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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