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Property profile

23422 Frd Rd Dearborn Heights, MI 48127

OFF-MARKET
Medical Office Space
Property ID
US43-1699206
2,500 SF 0.09 ac lot Built 1962
Last sale Apr 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. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 2,400-square-foot medical office building arranged over two stories. The property is configured to support medical, professional, and specialty business uses and is positioned at a prominent corner location with exterior signage. It is located at the signalized intersection of Ford Road and Outer Drive in Dearborn Heights, Michigan, providing direct access to the surrounding commercial corridor and nearby dense residential areas; the site is described as having high traffic exposure and visibility along Ford Road. The address is 23422 Ford Road, Unit SourceFi.

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?
$3k
Tax billed · 2023
Assessed value · 2024$32k
Effective rate10.55%

Value estimate

· Oct 2026
$160k
$144k – $176k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$94/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$63 – $135
Qualifying comparables8

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Gym & Fitness
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Gym & Fitness11.3
Daycare Center11.1
Electrical Service11.0

Location

23422 Frd Rd Dearborn Heights, MI 48127-4492
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25350 Warren, Dearborn Heights, MI 48127-2102 $1,050,000 Oct 2023 4,047 SF
25614 Frd, Dearborn Heights, MI 48127-3024 $350,000 Oct 2021 2,335 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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