18900 Michigan Ave, Dearborn, MI 48126-3929
This exceptional single-tenant retail property, located at 18900 Michigan Ave in Dearborn, Michigan, presents a significant investment opportunity. The property encompasses a substantial 259,000 square feet on a 4.895-acre lot, zoned BC in Wayne County (zip code 48126). Its prime location within the Fairlane Town Center offers unparalleled visibility and accessibility. The property benefits from its proximity to major landmarks, including the Ford Motor Company World Headquarters, Henry Ford Community College, the University of Michigan-Dearborn campus, Downtown Dearborn, the Henry Ford Museum, and Greenfield Village. This strategic positioning ensures high foot traffic and strong brand recognition. Existing anchors such as Macy's and JCPenney further enhance the property's desirability and draw significant consumer traffic to the area. The property's size and location make it suitable for a wide range of retail uses, offering substantial potential for redevelopment and significant return on investment. This is a rare opportunity to acquire a substantial retail space in a high-traffic, established commercial center. The property's scale and location within a thriving community make it an exceptional investment prospect.
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Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
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Victoria's Secret & PINK by Victoria's Secret (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BC · Dearborn, MIDearborn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.