Property profile

15203 S Commerce Dr Dearborn, MI 48126

FOR SALE
Industrial properties
Property ID
US43-2002683
53,906 SF 4.25 ac lot Built 1987
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 53,906-square-foot industrial building is ideally situated in Dearborn, Michigan's prestigious Commerce Park, offering immediate occupancy. The property boasts a prime location with easy access to I-94 and M-39 expressways, ensuring efficient transportation and logistics. Constructed in 1987, this freestanding structure features a desirable IA zoning permit and sits on a generous 4.25-acre lot. The building includes 6,300 square feet of air-conditioned office space, complemented by a spacious warehouse area with an impressive 18-foot clear ceiling height. Loading and unloading are facilitated by four dock-high doors and four truckwells, enhancing operational efficiency. Ample parking is provided with 88 spaces. The property also benefits from an extraordinary amount of power and bus lines, making it suitable for a variety of manufacturing and distribution operations. Additional features include one 10'x12' and one 12'x14' grade-level door. The APN is 82-10-194-02-008. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with significant operational advantages. The asking price is $4,295,000.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1987
Total area 53,906 SF
Lot 4.25 ac (185,130 SF)
Zoning code IA
APN 82 10 194 02 008
UPID US43-2002683

Cap rate & NOI

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

Location

15203 S Commerce Dr Dearborn, MI 48126
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
$4.18M
Blend (final) Blend
$4.18M

Owner & transaction history

since 2013
5 recorded transactions
2025
Price N/A
2013
Price N/A
2013
Price N/A
1969
Price N/A
1969
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
Retail stores $6.3M +132.7%
Medical building $5.7M +108.7%
Commercial (general) $5.5M +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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