Property profile

1711 Monroe St Dearborn, MI 48124

OFF-MARKET
Medical Office Space
Property ID
US43-3591478
2,954 SF 0.25 ac lot Built 1962
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1962
Total area 2,954 SF
Lot 0.25 ac (10,890 SF)
Zoning code OS
APN 82 09 223 35 001
UPID US43-3591478

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
  • Pediatrician Physician
  • Medical Clinic
  • Pediatrician Physician
  • Medical Clinic

Location

1711 Monroe St Dearborn, MI 48124-2914
Dearborn metro Census 575000 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
$505k

Owner & transaction history

since 2017
2 recorded transactions
2022
Price N/A
2017
$450,000

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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