Realmo Analytics

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Financial
Distress signals
Property profile

1825 Bailey St Dearborn, MI 48124

FOR SALE
Warehouses
Property ID
US43-1347329
12,277 SF 0.69 ac lot Built 1964
Last sale Apr 2023 · $320,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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?
$19k
Tax billed · 2023
Assessed value · 2024$292k
Effective rate6.54%

Value estimate

· Oct 2026
$485k
$437k – $534k
Submarket $/SF estimate$695k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 8.53% cap applied$77k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$37/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$25 – $57
Qualifying comparables7

Cap rate analysis

How does the asset earn?
8.53%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IA
CT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B-C, GENERAL BU...
General categoryINDUSTRIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant38.2
Building Supply37.6
Wholesale Shop29.8

Location

1825 Bailey St Dearborn, MI 48124
County assessor Recorded deeds · 4 transfers 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25315 Kean, Dearborn, MI 48124-2406 $385,000 Oct 2024 14,060 SF
23666 Park, Dearborn, MI 48124-2548 $1,800,000 Jan 2023 14,525 SF
25227 Trowbridge, Dearborn, MI 48124-2414 $380,000 Dec 2021 13,023 SF
25205 Trowbridge, Dearborn, MI 48124-2414 $380,000 Dec 2021 13,188 SF
25331 Trowbridge, Dearborn, MI 48124-2414 $400,000 Jun 2020 14,649 SF
25344 Trowbridge, Dearborn, MI 48124-2415 $115,000 Oct 2019 3,600 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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