Property profile

15320 Michigan Ave Dearborn, MI 48126

OFF-MARKET
Office buildings
Property ID
US43-0074055
1,501 SF 0.04 ac lot Built 1927
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1927
Total area 1,501 SF
Lot 0.04 ac (1,742 SF)
Zoning code BB
APN 82 10 183 09 016
UPID US43-0074055

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
  • Vehicle Inspection Center
  • Bar & Pub (Bike/Boat/Book/etc) Store
  • Car Wash
  • Car Wash
  • Crypto Atm Atm

Location

15320 Michigan Ave Dearborn, MI 48126-2917
Dearborn metro Census 573400 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
by Request
Blend (final) Blend
$1.00M

Owner & transaction history

since 2022
Last sale
$850,000
5 recorded transactions
2022
$850,000
2022
Price N/A
2018
Price N/A
2004
$165,000
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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