15900 Michigan Ave Dearborn, MI 48126-2973
Property profile & analytics
15900 Michigan Ave Dearborn, MI 48126-2973
- Office buildings
- 5,019 SF
- 0.17 lot acres
Property ID
US43-5191760
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Attorney David E Ghannam / Law Firm
- Steslicki & Ghannam, PLC / Law Firm
- Lamont Title / Title Company
- Smith Bonds & Surety / Law Firm
- Pulse Power 20 / Gym & Fitness Center
Property Details for 15900 Michigan Ave
- Year built
- 1969
- Lot size
- 0.17 lot acres
- Property size
- 5,019 SF
- Zone code
- OS
- Property type
- Office buildings
- APN
- 82 09 134 16 011
- APU
- 820913416011
Description
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 surface spaces, supplemented by readily available on-street parking. The suite itself comprises three private offices, a shared waiting room, a reception area, and a bathroom. Benefit from a gross lease, eliminating the need to manage utilities such as electricity, gas, and water. The property sits on a 1.7-acre lot and is zoned OS, offering significant frontage and excellent visibility, further enhanced by the availability of pole signage. Security is ensured with a 24-hour camera system. Ideal for a variety of professional uses, including but not limited to financial advisors, attorneys, CPAs, therapists, and architects. This is a turnkey opportunity in a high-traffic area with exceptional convenience and professional appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $800,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $985,000
- 6.5%
- $910,000
- 7%
- $845,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $763,000
- AI Estimate
- $763,000
Market price range: $387k - $919kMarket price range: $387k - $919k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $645,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,145,000 Change: +78% Conversion: Easy
- RESTAURANT
- $715,000 Change: +11% Conversion: Moderate
- RETAIL STORES
- $545,000 Change: -16% Conversion: Moderate
- MEDICAL BUILDING
- $530,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dearborn
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1993
- Latitude
- 42.3157
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,068
$0.00
$0.00
$320,400
-
$0.00
$0.00
$640,800
