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    Property profile & analytics

    24545 Frd Rd Dearborn, MI 48128-1131

    • Turn key restaurants
    • 3,879 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0635431
    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

    • Dearborn Italian Bakery / Bakery

    Property Details for 24545 Frd Rd

    Year built
    1976
    Lot size
    0.25 lot acres
    Property size
    3,879 SF
    Zone code
    BA
    Property type
    Turn key restaurants
    APN
    82 09 172 04 001
    APU
    820917204001

    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
    -83.2782
    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
    $16,928
    $0.00
    $0.00
    $273,900
    -
    $0.00
    $0.00
    $547,800

    Comparable in this City

    • Value Estimation by Request
      3,633 SF

      750 Telegraph Rd

      RESTAURANT • 3,633 SF
      750 Telegraph Rd, Dearborn, MI 48128-1659
      View Details
    • Value Estimation
      $440,000
      4,260 SF

      1532 Telegraph Rd

      RESTAURANT • 4,260 SF
      1532 Telegraph Rd, Dearborn, MI 48128-1205
      View Details
    • Value Estimation by Request
      1,824 SF

      24921 Frd Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,824 SF
      24921 Frd Rd, Dearborn, MI 48128-1036
      View Details
    • Value Estimation by Request
      1,520 SF

      24943 Frd Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,520 SF
      24943 Frd Rd, Dearborn, MI 48128-1036
      View Details
    • Value Estimation by Request
      6,960 SF

      24417 Frd Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,960 SF
      24417 Frd Rd, Dearborn, MI 48128-1130
      View Details
    • Value Estimation by Request
      1,400 SF

      23439 Frd Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,400 SF
      23439 Frd Rd, Dearborn, MI 48128-1257
      View Details

    Similar Nearby for Lease

    • $1,750 /Mo

      Updated Retail Space on Ford

      Turn-key retail space with premier frontage on Ford Road.
      24335 Ford Rd, Dearborn, MI 48128
      View Details
    • $2,500 /Mo
      1,500 SF

      Dearborn Retail Space Available

      Prime retail space in Dearborn, high-traffic location, flexible layout.
      1314 N Telegraph Rd, Dearborn, MI 48128
      View Details
    • $2,800 /Mo

      West Dearborn Lease Opportunity

      Well-maintained building with large rooms and convenient location.
      530 N Telegraph Rd, Dearborn, MI 48128
      View Details
    • $2,750 /Mo

      Warehouse Space Near Telegraph Road

      2000 sq ft warehouse with office and convenient access.
      2000 N Telegraph Rd, Dearborn, MI 48128
      View Details
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    24545 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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