Property profile

23170 Michigan Ave Dearborn, MI 48124

OFF-MARKET
Grocery and convenience stores
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Property ID
US43-1267228
279 SF 0.73 ac Built 2014
Last sale Feb 2015·$1,043,478
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. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value · 2024$724k
Effective rate4.83%

Value estimate

· Nov 2026
$1.15M
$1.03M – $1.26M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply43.6
Wholesale Shop39.2
Storage Facility24.9

Location

23170 Michigan Ave Dearborn, MI 48124-2033
County assessor Recorded deeds · 4 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

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23916 Michigan, Dearborn, MI 48124-1833 $400,000 Apr 2025 1,540 SF
23920 Michigan, Dearborn, MI 48124-1833 $400,000 Apr 2025 1,660 SF
3419 Telegraph, Dearborn, MI 48124-3243 $180,000 Oct 2023 1,200 SF
3423 Telegraph, Dearborn, MI 48124-3243 $108,000 Aug 2023 1,400 SF
23785 Michigan, Dearborn, MI 48124-1822 $500,000 Aug 2021 1,711 SF
3429 Telegraph, Dearborn, MI 48124-3243 $52,000 Apr 2019 450 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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Includes: Price & PSF · Cap rate · Location · Zoning

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