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    Property profile & analytics

    21314 Van Born Rd Dearborn Heights, MI 48125-2754

    • Grocery and convenience stores
    • 502 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Dec 14, 2022
    $400,000
    Location Intelligence
    Property ID
    US43-0370250
    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.

    Current Use by Public Records

    • Sunoco / Gas Station

    Property Details for 21314 Van Born Rd

    Year built
    1958
    Lot size
    0.27 lot acres
    Property size
    502 SF
    Zone code
    C-2
    Property type
    Grocery and convenience stores
    APN
    33 051 03 1820 001
    APU
    33051031820001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $420,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $435,000
      Mixed-Use
      $425,000
      Hospitality
      $375,000
      Educational
      $415,000
      Residential Income
      $340,000
      Energy
      $410,000
      Income-Based Land
      $415,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn Heights
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2462
    Latitude
    42.2698
    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
    $4,536
    $0.00
    $0.00
    $63,700
    -
    $0.00
    $0.00
    $127,400

    Comparable in this City

    • Value Estimation by Request
      5,760 SF

      4665 Beech Daly St

      CONVENIENCE STORE • 5,760 SF
      4665 Beech Daly St, Dearborn Heights, MI 48125-1570
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    • Value Estimation by Request
      1,012 SF

      25412 Michigan Ave

      CONVENIENCE STORE • 1,012 SF
      25412 Michigan Ave, Dearborn Heights, MI 48125-1034
      View Details
    • Value Estimation by Request
      1,419 SF

      4630 Beech Daly St

      CONVENIENCE STORE • 1,419 SF
      4630 Beech Daly St, Dearborn Heights, MI 48125-1571
      View Details
    • Value Estimation by Request
      2,400 SF

      25569 Michigan Ave

      CONVENIENCE STORE • 2,400 SF
      25569 Michigan Ave, Dearborn Heights, MI 48125-1035
      View Details
    • Value Estimation by Request
      1,034 SF

      24010 Van Born Rd

      CONVENIENCE STORE • 1,034 SF
      24010 Van Born Rd, Dearborn Heights, MI 48125-2001
      View Details
    • Value Estimation by Request
      1,232 SF

      4551 Beech Daly St

      CONVENIENCE STORE • 1,232 SF
      4551 Beech Daly St, Dearborn Heights, MI 48125-1569
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Retail Property with Expansion Potential

      NNN leased retail property with expansion and high visibility.
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      Dearborn Heights Commercial Building For Sale

      Well-maintained commercial building with drive-up window and paved parking.
      20640 Van Born Rd, Dearborn Heights, MI 48125
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    • $590,000
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      Dearborn Heights Commercial Space For Sale

      Versatile commercial space suitable for retail, office, or warehouse use.
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      Renovated commercial building with expansion potential and large parking lot.
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    Similar Nearby for Lease

    • $4,500 /Mo

      Retail Space on Telegraph Road

      Retail space with high traffic and ample parking.
      4807 S Telegraph Rd, Dearborn Heights, MI 48125
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    • $1,195 /Mo

      Retail/Office Space For Rent

      Retail or professional space with parking and signage available.
      25442 Van Born Rd, Dearborn Heights, MI 48125
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    • $4,500 /Mo
      6,750 SF

      Dearborn Heights Commercial Space Available

      Versatile commercial space for lease in Dearborn Heights, Michigan.
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    • $2,500 /Mo
      9,821 SF

      Prime Retail Space Available

      High-traffic retail space in Vinery Market Plaza, Dearborn Heights.
      3968 Pelham St, Dearborn Heights, MI 48125
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    • $2,000 /Mo

      Retail Space Inside Gas Station

      650 sq ft retail space in high-traffic gas station.
      24010 Van Born Rd, Dearborn Heights, MI 48125
      View Details
    • $2,500 /Mo

      Freestanding Commercial Unit For Lease

      Prime location, open floor plan, and ample parking.
      22302 Van Born Rd, Dearborn Heights, MI 48125
      View Details

    Property Visit Statistics

    • Visits by month
      24.0k
    • Visitors by month
      8.9k
    • Avg Time on site
      10 min
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    Dearborn Heights, MI 48125-2754
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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