23001 Michigan Ave Dearborn, MI 48124
Property profile & analytics
23001 Michigan Ave Dearborn, MI 48124
- Outlet malls
- 28,786 SF
- 2.88 lot acres
Property ID
US43-1431352
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Westborn Mall / Shopping Center & Mall
- Marshalls / Department Store
- Lily Banks Florist / (Bike/Boat/Book/etc) Store
Property Details for 23001 Michigan Ave
- Year built
- 1955
- Lot size
- 2.88 lot acres
- Property size
- 28,786 SF
- Zone code
- BC
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 82 09 214 05 003
- APU
- 820921405003
Description
Westborn Mall offers exceptional retail opportunities in Dearborn, Michigan. This single-story property, located at 23001 Michigan Ave, zip code 48124, boasts nearly 184,000 square feet of retail space and provides convenient access to a high-traffic area. The mall features a total of 3 suites, with spaces ranging from a minimum of 3,914 square feet to a maximum contiguous space of 6,200 square feet. Currently, there are multiple units available, ideal for a variety of retail businesses. The property is situated in Wayne County, offering excellent visibility and accessibility. Ample parking is available for customers and employees, with a total of 993 parking spaces. The strategic location provides easy access to Downtown Dearborn, Henry Ford College, the University of Michigan-Dearborn, The Henry Ford Museum, Greenfield Village, and Ford Headquarters, ensuring high foot traffic and exposure to a diverse customer base. This prime retail location presents a unique opportunity for businesses seeking to establish or expand their presence in a thriving community. The property's convenient location and ample parking make it an attractive destination for shoppers. Contact us today to learn more about the available spaces and lease terms.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,746,000
- AI Estimate
- $3,746,000
Market price range: $2.22M - $4.61MMarket price range: $2.22M - $4.61M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,375,000 Current use
- OFFICE BUILDING
- $4,255,000 Change: +26% Conversion: Easy
- RESTAURANT
- $4,115,000 Change: +22% Conversion: Easy
- MEDICAL BUILDING
- $3,030,000 Change: -10% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,925,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dearborn
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2589
- Latitude
- 42.3019
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$94,370
$0.00
$0.00
$1,527,000
-
$0.00
$0.00
$3,054,000
