Financial
Distress signals
Property profile

22266 Michigan Ave Dearborn, MI 48124

OFF-MARKET
Retail space
Property ID
US43-2166700
10,405 SF 0.18 ac lot Built 1915
Last sale Dec 2014 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a renovated office suite located within 222 Shops on Michigan Avenue in Dearborn, in an area with an established mix of local businesses and public parking available for visitors. The interior is arranged across upper and lower levels and includes a reception area, multiple conference rooms, and several office spaces, featuring four large upper offices plus additional offices and lower-level conference rooms. The suite includes 1.5 bathrooms, two staircases, and storage rooms.…

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.

Mortgages

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?
$26k
Tax billed · 2023
Assessed value · 2024$474k
Effective rate5.48%

Value estimate

· Sep 2026
$575k
$518k – $633k
Submarket $/SF estimate$1.16M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$77 – $160
Qualifying comparables3

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?
BC
R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINES...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop14.1
Electrical Service13.2
Daycare Center12.1

Location

22266 Michigan Ave Dearborn, MI 48124-2237
County assessor Recorded deeds · 4 transfers 3 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22680 Newman, Dearborn, MI 48124-1597 $800,000 Apr 2025 4,741 SF
25001 Michigan, Dearborn, MI 48124-1762 $1,300,000 Feb 2023 12,132 SF
1911 Monroe, Dearborn, MI 48124-2916 $300,000 Jan 2022 3,880 SF
24512 Michigan, Dearborn, MI 48124-1711 $440,000 Nov 2021 5,429 SF
24706 Michigan, Dearborn, MI 48124-1750 $400,000 Jun 2020 5,985 SF
2645 Monroe, Dearborn, MI 48124-3015 $650,000 Dec 2018 6,459 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 22266 Michigan Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message