Property profile

23527 Frd Rd Dearborn, MI 48128

OFF-MARKET
Medical Office Space
Property ID
US43-1361266
2,450 SF 0.16 ac lot Built 1979
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1979
Total area 2,450 SF
Lot 0.16 ac (6,970 SF)
Zoning code BA
APN 82 09 161 05 025
UPID US43-1361266

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic
  • Real Estate Agency
  • Real Estate Agency
  • Accounting Firm Tax Preparation

Location

23527 Frd Rd Dearborn, MI 48128-1260
Dearborn metro Census 574600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2022
Last sale
$580,000
3 recorded transactions
2022
$580,000
2016
Price N/A
2015
$295,000

Zoning & alternative use

BA · Dearborn, MI
Zoning description

RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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