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Property profile & analytics
OFF-MARKET
Medical Office Space
22260 Garrison St, Dearborn, MI 48124-2208
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-5206891
Property summary
AI-generated overview
This exceptional 3,825 square foot single-tenant creative office space is located at 22260 Garrison St, Unit A, Dearborn, MI 48124, near the intersection of Military and Michigan Avenue. Built in 1980 and extensively renovated in 2024, this one-story building offers a contemporary aesthetic with high-end finishes. The property is zoned commercial and situated within the 22260 Garrison Street submarket cluster in Wayne County. While elevator service is not available, the single-story design ensures easy accessibility. The space is ideal for businesses seeking a modern and updated environment. The listing specifically highlights its suitability for aesthetic practices, though it is adaptable to various professional uses. The property features ample natural light and generous space. Note that equipment is not included in the sale but may be available for rent separately. This is a fantastic opportunity to secure a well-maintained, updated office space in a desirable Dearborn location.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Total area
3,825 SF
Lot
0.25 ac (10,890 SF)
Zoning code
OS
APN
82 09 221 03 013
UPID
US43-5206891
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dearborn Primary Care Center Medical Clinic
-
Ranajit Mukherjee, M.D. Physician
-
Where to Find Us Home Health Care Service
-
VIJAYALAKSHMI NAGAPPAN MD PC Physician
-
GOT KEY’D REALTY -The Keys Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hammoud Family Holdings LLC · 4 yrs held
Hammoud Family Holdings LLC
since 2021
5 recorded transactions
Zoning & alternative use
OS · Dearborn, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dearborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dearborn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,465
Tax year 2023
Assessed value
$338,900
Assessed 2024
Previous assessed
$266,400
+27.2% YoY
Effective rate
5.15%
On assessed value
Total market value
$677,800
Applied tax rate
82,030.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Stories
1
Total area
3,825 SF
Lot
0.25 ac (10,890 SF)
Zoning code
OS
APN
82 09 221 03 013
UPID
US43-5206891
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
OS · Dearborn, MI
Zoning OS · permitted uses
OS · Dearborn, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dearborn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
FORCED AIR
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Hammoud Family Holdings LLC
Entity
Mailing address
22882 LAW ST, DEARBORN, MI 48124-1009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2023
—
Hammoud Family Holdings LLC
—
Deed
related
$300,000 · First Merchants Bank
Jul 12, 2021
—
Hammoud Family Holdings LLC
Ranajit And Soma Mukherjee Jlt
Warranty Deed
—
Apr 21, 2021
—
Hammoud Family Holdings LLC
—
Deed
related
$520,000 · First Merchants Bank
Apr 11, 2017
—
Mukherjee,ranajit & Soma Trust
Mukherjee,ranajit & Soma
Quit Claim Deed
related
—
—
—
Ranajit Mukherjee
—
Deed Of Trust
related
$372,000 · Bank Of Birmingham
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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