Property profile

20390 Outer Dr Dearborn, MI 48124

OFF-MARKET
Office buildings
Property ID
US43-0876153
1,853 SF 0.17 ac lot Built 1961
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1961
Total area 1,853 SF
Lot 0.17 ac (7,405 SF)
Zoning code RA
APN 82 09 281 04 003
UPID US43-0876153

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
  • Law Firm
  • Law Firm
  • Accounting Firm Tax Preparation
  • Law Firm

Location

20390 Outer Dr Dearborn, MI 48124-2658
Dearborn metro Census 575100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

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 2023
Last sale
$400,000
1 recorded transaction
2023
$400,000

Zoning & alternative use

RA · Dearborn, MI
Zoning description

ZONING DISTRICTS Share Download Bookmark Print Sec. 9.01. - Creation of districts. For the purposes of this ordinance, the City is hereby divided into the following zoning districts as shown on the official Zoning Map: R…

General category RESIDENTIAL

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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