Property profile

22260 Garrison St Dearborn, MI 48124

OFF-MARKET
Medical Office Space
Property ID
US43-5206891
3,825 SF 0.25 ac lot Built 1980
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Home Health Care Service
  • Physician
  • Real Estate Agency

Location

22260 Garrison St Dearborn, MI 48124-2208
Dearborn metro Census 574900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$280k

Owner & transaction history

since 2021
5 recorded transactions
2023
Price N/A
2021
Price N/A
2021
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

OS · Dearborn, MI
Zoning description

ISTRICTS ARTICLE 10.00 - R-A and R-B, ONE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 -…

General category COMMERCIAL

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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