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    Property profile & analytics

    24517 Frd Rd Dearborn, MI 48128-1131

    • Medical offices
    • 7,440 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 20, 2023
    Location Intelligence
    Property ID
    US43-0649789
    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

    • Medical offices

    Property Details for 24517 Frd Rd

    Year built
    1985
    Lot size
    0.39 lot acres
    Property size
    7,440 SF
    Zone code
    BA
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    82 09 172 04 021
    APU
    820917204021

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2777
    Latitude
    42.3266
    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
    $27,949
    $0.00
    $0.00
    $592,600
    -
    $0.00
    $0.00
    $1,185,200

    Comparable in this City

    • Value Estimation by Request
      8,723 SF

      25045 Frd Rd

      MEDICAL BUILDING • 8,723 SF
      25045 Frd Rd, Dearborn, MI 48128-1085
      View Details
    • Value Estimation by Request
      1,273 SF

      18514 Outer Dr

      DENTAL BUILDING • 1,273 SF
      18514 Outer Dr, Dearborn, MI 48128-1874
      View Details
    • Value Estimation
      $205,000
      2,237 SF

      530 Telegraph Rd

      DENTAL BUILDING • 2,237 SF
      530 Telegraph Rd, Dearborn, MI 48128-1658
      View Details
    • Value Estimation by Request
      1,040 SF

      1756 Telegraph Rd

      DENTAL BUILDING • 1,040 SF
      1756 Telegraph Rd, Dearborn, MI 48128-1271
      View Details
    • Value Estimation by Request
      2,288 SF

      1022 Telegraph Rd

      MEDICAL BUILDING • 2,288 SF
      1022 Telegraph Rd, Dearborn, MI 48128-1622
      View Details
    • Value Estimation
      $460,000
      2,450 SF

      23527 Frd Rd

      MEDICAL BUILDING • 2,450 SF
      23527 Frd Rd, Dearborn, MI 48128-1260
      View Details

    Similar Nearby for Lease

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    24517 Frd Rd
    Dearborn, MI 48128-1131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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