Property profile

25200 Van Born Rd Dearborn Heights, MI 48125

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1496288
23,894 SF 2.52 ac lot Built 1953
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.773-acre parcel located at 25200 Van Born Rd, Dearborn Heights, MI 48125, presents a prime build-to-suit opportunity for a variety of commercial ventures. Situated in Wayne County, this property boasts a highly desirable location with excellent visibility and accessibility. The permitted zoning, encompassing both C-3 and M-1 classifications, allows for diverse development options, including restaurants, convenience stores, and banks. The site's ample space facilitates the inclusion of a drive-thru lane, a significant advantage for many retail concepts. The lease price will be determined based on the specific build-out and tenant requirements. This is an ideal opportunity for developers or businesses seeking a strategic location in a thriving commercial area to construct a property tailored to their exact specifications. The property's location offers significant potential for high foot traffic and strong returns on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional retail land offering.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1953
Total area 23,894 SF
Lot 2.52 ac (109,771 SF)
Zoning code C-3
APN 33 043 99 0022 001
UPID US43-1496288

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Bank Credit Union
  • Grocery & Convenience Store Food Market
  • Shopping Center & Mall (Bike/Boat/Book/etc) Store
  • Atm

Location

25200 Van Born Rd Dearborn Heights, MI 48125-2010
Dearborn Heights metro Census 572600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.40M
Blend (final) Blend
$645k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2019
Price N/A
2019
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Dearborn Heights, MI
Zoning description

Sec. 36-58. - C3, Commercial use district. Intent. The commercial use district, designated C3, is hereby established to provide for a wide range of commercial, office, service, and entertainment activities. Uses in the C…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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