Property profile

15608 Michigan Ave Dearborn, MI 48126

OFF-MARKET
Medical Office Space
Property ID
US43-1497365
1,150 SF 0.04 ac lot Built 1949
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1949
Total area 1,150 SF
Lot 0.04 ac (1,742 SF)
Zoning code OS
APN 82 09 134 12 029
UPID US43-1497365

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
  • Alternative Medicine Practice

Location

15608 Michigan Ave Dearborn, MI 48126-2902
Dearborn metro Census 574301 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2024
Last sale
$190,000
3 recorded transactions
2024
$190,000
2019
Price N/A
2015
$120,000

Zoning & alternative use

OS · Dearborn, MI
Zoning description

ISTRICTS ARTICLE 10.00 - R-A and R-B, ONE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 -…

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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