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Financial
Distress signals
Property profile

22190 Garrison St Dearborn, MI 48124

FOR LEASE
Medical Office Space
Property ID
US43-0315536
14,942 SF 0.82 ac lot Built 1971
Last sale Jan 2022 · $1,865,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A medical-ready office suite located in downtown West Dearborn within a multi-tenant building. The suite layout includes five exam rooms, a private office, a lobby area, and a receptionist area, along with a filing room and two storage spaces that could be repurposed as additional exam rooms or office space. There are two bathrooms inside the suite and an additional public bathroom located in the building hallway, plus an employee lunch room with a kitchenette. The space is plumbed for a dental…

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?
$65k
Tax billed · 2023
Assessed value · 2024$1.04M
Effective rate6.21%

Value estimate

· Oct 2026
$1.25M
$1.12M – $1.37M
Submarket $/SF estimate$1.42M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$105/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$76 – $135

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OS
ISTRICTS ARTICLE 10.00 - R-A and R-B, ONE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE ...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.8
Barber Shop10.0
Garden Center9.6

Location

22190 Garrison St Dearborn, MI 48124
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
2841 Monroe, Dearborn, MI 48124-3492 $1,150,000 May 2022 7,877 SF
22060 Beech, Dearborn, MI 48124-2847 $3,200,000 May 2022 18,496 SF
1213 Mason, Dearborn, MI 48124-2841 $700,000 Mar 2022 4,684 SF
1922 Monroe, Dearborn, MI 48124-2917 $1,340,000 Mar 2022 5,084 SF
1185 Monroe, Dearborn, MI 48124-2814 $3,625,794 May 2021 11,055 SF
3815 Pelham, Dearborn, MI 48124-3852 $750,000 Jan 2020 16,170 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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