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Financial
Distress signals
Property profile

22611 Michigan Ave Dearborn, MI 48124

OFF-MARKET
Outlet malls
Property ID
US43-1706330
26,212 SF 0.91 ac lot Built 1969
Last sale Mar 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 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 retail property, located at 22611 Michigan Avenue in Dearborn, Michigan, 48124, offers 5,625 square feet of immediately available space within a larger 45,000 square foot building. The space is ideally suited for a variety of retail uses, thanks to its General Retail zoning. The property boasts a total of 270 parking spaces, ensuring ample convenience for customers and employees. While the minimum divisible space is 5,625 square feet, this is also the maximum contiguous…

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?
$32k
Tax billed · 2023
Assessed value · 2024$506k
Effective rate6.38%

Value estimate

· Oct 2026
$575k
$518k – $633k
Submarket $/SF estimate$2.02M

Realmo valuation models over county records.

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

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service12.6
Daycare Center12.0
Kitchen & Bath11.6

Location

22611 Michigan Ave Dearborn, MI 48124-2115
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

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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