Property profile

15219 Michigan Ave Dearborn, MI 48126

OFF-MARKET
Outlet malls
Property ID
US43-0399342
15,000 SF 0.37 ac lot Built 1952
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1952
Total area 15,000 SF
Lot 0.37 ac (16,117 SF)
Zoning code BB
APN 82 10 183 16 049
UPID US43-0399342

Cap rate & NOI

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

Location

15219 Michigan Ave Dearborn, MI 48126-2954
Dearborn metro Census 574100 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
$1.06M
Blend (final) Blend
$330k

Owner & transaction history

since 2016
3 recorded transactions
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BB · Dearborn, MI
Zoning description

SIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 -…

General category COMMERCIAL

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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