Financial
Distress signals
Property profile

23170 Michigan Ave Dearborn, MI 48124

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1267228
279 SF 0.73 ac lot 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.
Saved · see the list in your Dashboard
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. 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?
$35k
Tax billed · 2023
Assessed value · 2024$724k
Effective rate4.83%

Value estimate

· Sep 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 · 14 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
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 23170 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