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Financial
Distress signals
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
Last sale Jul 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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…

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?
$17k
Tax billed · 2023
Assessed value · 2024$339k
Effective rate5.15%

Value estimate

· Oct 2026
$280k
$252k – $308k

Realmo valuation models over county records and 12 qualifying comparable sales.

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
Qualifying comparables12

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
Garden Center9.6
Tailor Shop9.6

Location

22260 Garrison St Dearborn, MI 48124-2208
County assessor Recorded deeds · 5 transfers 12 qualifying comp sales 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
22161 Outer, Dearborn, MI 48124-3901 $170,000 Jan 2025 3,062 SF
1039 Washington, Dearborn, MI 48124-2016 $650,000 Jul 2024 3,642 SF
24100 Oxford, Dearborn, MI 48124-2481 $350,000 Aug 2023 2,836 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
24800 Michigan, Dearborn, MI 48124-1713 $406,000 Oct 2019 3,000 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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