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Financial
Distress signals
Property profile

15900 Michigan Ave Dearborn, MI 48126

OFF-MARKET
Office buildings
Property ID
US43-5191760
5,019 SF 0.17 ac lot Built 1969
Last sale Oct 2022 · $680,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional executive office suite, totaling 1,000 square feet, is available for lease at 15900 Michigan Avenue in Dearborn, Michigan, 48126. Located in a well-maintained, two-story building constructed in 1969 and extensively renovated in 2023, this suite offers a highly desirable location across from the Dearborn Police Department and Dearborn District Court, providing excellent visibility and accessibility. The building boasts 7,000 total square feet and features ample parking with 25…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$320k
Effective rate6.26%

Value estimate

· Oct 2026
$800k
$720k – $880k
CAP approach$910k
Submarket $/SF estimate$764k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$129/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$77 – $183
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OS
ISTRICTS ARTICLE 10.00 - R-A and R-B, ONE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE ...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.9
Storage Facility10.6
Pawn Shop10.6

Location

15900 Michigan Ave Dearborn, MI 48126-2973
County assessor Recorded deeds · 1 transfer 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7001 Wyoming, Dearborn, MI 48126-2367 $60,000 Apr 2024 3,377 SF
6530 Greenfield, Dearborn, MI 48126-1701 $525,000 Oct 2023 3,636 SF
10365 Haggerty, Dearborn, MI 48126-2485 $296,500 Mar 2023 8,520 SF
6700 Wyoming, Dearborn, MI 48126-2345 $300,000 Jan 2023 4,080 SF
15340 Michigan, Dearborn, MI 48126-2917 $850,000 Oct 2022 6,490 SF
15011 Michigan, Dearborn, MI 48126-3443 $320,000 Jan 2020 3,933 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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