23912 Van Born Rd Dearborn Heights, MI 48125-2380
- Retail space
- 1,070 SF
- 0.19 lot acres
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
-
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