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Property profile & analytics

23912 Van Born Rd Dearborn Heights, MI 48125-2380

  • Retail space
  • 1,070 SF
  • 0.19 lot acres
OFF-MARKET
Value Estimation
$315,000
Last Sale
Apr 15, 2025
$310,000
Location Intelligence
Property ID
US43-1627067
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • New Reflections Hair Salon / Hair Salon / Hairdresser

Property Details for 23912 Van Born Rd

Year built
1969
Lot size
0.19 lot acres
Property size
1,070 SF
Property type
Retail space
APN
33 047 02 0062 001
APU
33047020062001

Description

This exceptional commercial property, located at 23912 Van Born Road in Dearborn Heights, Michigan, presents a unique investment opportunity. The 1,070 square foot free-standing building is situated on a high-traffic corner lot at Van Born Road east of Telegraph, offering excellent visibility and accessibility. The property is in great condition and boasts over 20 parking spaces, ensuring ample room for customers and employees. The land is classified as Special Purpose, offering versatility for a range of commercial uses. Its strategic location in Wayne County, Michigan, with a zip code of 48125, provides easy access to major transportation routes and a thriving local market. The asking price for this exceptional property is $309,900. This is a rare opportunity to acquire a well-maintained commercial building with significant parking in a prime Dearborn Heights location. The property's size and location make it ideal for a variety of businesses seeking high visibility and convenient access. Serious inquiries are encouraged to explore the potential of this valuable asset. The property is ready for immediate occupancy.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $360,000
  • CAP approach

    CAP return
    Estimation
    6%
    $245,000
    6.5%
    $285,000
    7%
    $285,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $235,000
    Geo Method
    $285,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $280,000
    Retail
    $255,000
    Mixed-Use
    $250,000
    Hospitality
    $305,000
    Educational
    $285,000
    Residential Income
    $290,000
    Energy
    $280,000
    Income-Based Land
    $325,000
    Food Service
    $240,000

Location Insight

  • Map
  • Local Demand
City
Dearborn Heights
County
Wayne
State
Michigan
Longitude
-83.2691
Latitude
42.2694
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,309
$0.00
$0.00
$75,800
-
$0.00
$0.00
$151,600
More about this property
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