Property profile

23645 Frd Rd Dearborn, MI 48128

OFF-MARKET
Grocery and convenience stores
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Property ID
US43-0864687
2,595 SF 0.38 ac Built 1958
Last sale Oct 2018·$600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 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?
$19k
Tax billed · 2023
Assessed value · 2024$370k
Effective rate5.24%

Value estimate

· Nov 2026
$515k
$464k – $567k
Submarket $/SF estimate$968k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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?
BA
RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDEN...
General categoryCOMMERCIAL
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 & Fitness12.7
Daycare Center12.3
Electrical Service11.9

Location

23645 Frd Rd Dearborn, MI 48128-1261
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 Telegraph, Dearborn, MI 48128-1203 $350,000 Aug 2024 1,964 SF
2020 Telegraph, Dearborn, MI 48128-1252 $205,000 Apr 2023 2,940 SF
928 Telegraph, Dearborn, MI 48128-1621 $659,000 Jul 2022 2,600 SF
2028 Telegraph, Dearborn, MI 48128-1252 $80,000 Aug 2021 1,560 SF
1848 Telegraph, Dearborn, MI 48128-1270 $110,000 Oct 2019 2,400 SF
1740 Telegraph, Dearborn, MI 48128-1271 $504,000 Nov 2018 2,987 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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