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Property profile & analytics
OFF-MARKET
Retail space

23912 Van Born Rd Dearborn Heights, MI 48125-2380

1,070 SF 0.19 ac lot Built 1969
Entity Owned 5-yr Hold Free & Clear
Property ID
US43-1627067
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Total area 1,070 SF
Lot 0.19 ac (8,276 SF)
APN 33 047 02 0062 001
UPID US43-1627067
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • New Reflections Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jeramy Properties LLC · 5 yrs held
Jeramy Properties LLC
since 2021
Last sale
$310,000
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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