Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $4,180,000
    Industrial properties

    15203 Commerce Dr, Dearborn, MI 48120-1253

    53,906 SF 4.25 ac lot Built 1987
    Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-2002683
    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
    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
    $4.18M
    Blend (final) Blend
    $4.18M
    Owner & transaction history
    World Properties Li LLC · 13 yrs held
    World Properties Li LLC
    since 2013
    5 recorded transactions
    2025
    2013
    2013
    1969
    1969
    Zoning & alternative use
    IA · Dearborn, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $6.3M +132.7%
    Medical building $5.7M +108.7%
    Commercial (general) $5.5M +101.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 15203 Commerce Dr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message