Financial
Distress signals
Property profile

24417 Frd Rd Dearborn, MI 48128

OFF-MARKET
Retail space
Property ID
US43-1441767
6,960 SF 0.28 ac lot Built 1947
Last sale Mar 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a specialty commercial space intended for leasing, identified in listings as an “other specialty” commercial asset. It is located at 24417 Ford Road in Dearborn, Michigan. The listing provides the address as the primary point of reference for inspections and evaluation, while limited building- or space-specific information is available in the listing data, indicating that the existing layout, improvements, and any operational considerations should be verified during due diligence.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value · 2024$546k
Effective rate6.31%

Value estimate

· Sep 2026
$410k
$369k – $451k
Submarket $/SF estimate$1.12M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$77 – $160
Qualifying comparables10

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: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center10.7
Dry Cleaner9.9
Gym & Fitness9.7

Location

24417 Frd Rd Dearborn, MI 48128-1130
County assessor Recorded deeds · 1 transfer 10 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2020 Telegraph, Dearborn, MI 48128-1252 $205,000 Apr 2023 2,940 SF
2000 Telegraph, Dearborn, MI 48128-1252 $800,000 Mar 2023 10,162 SF
928 Telegraph, Dearborn, MI 48128-1621 $659,000 Jul 2022 2,600 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
23645 Frd, Dearborn, MI 48128-1261 $600,000 Oct 2018 2,595 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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