New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Grocery and convenience stores
25200 Van Born Rd, Dearborn Heights, MI 48125-2010
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1496288
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Coinstar Bank Credit Union
-
Western Union Bank Credit Union
-
Saturn Marketplace Grocery & Convenience Store Food Market
-
DivDat Kiosk Network Shopping Center & Mall (Bike/Boat/Book/etc) Store
-
DTE Payment Kiosk Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$2.40M
Owner & transaction history
Power Play Management LLC · 1 yrs held
Power Play Management LLC
since 2024
6 recorded transactions
Zoning & alternative use
C-3 · Dearborn Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dearborn Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dearborn Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,365,000
Current use
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$100 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$40,266
Tax year 2023
Assessed value
$684,800
Assessed 2024
Previous assessed
$658,300
+4.0% YoY
Effective rate
5.88%
On assessed value
Total market value
$1,369,600
Applied tax rate
82,240.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1953
Heating
FORCED AIR
Stories
1
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
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C-3 · Dearborn Heights, MI
Zoning C-3 · permitted uses
C-3 · Dearborn Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dearborn Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.4M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Heating
FORCED AIR
Stories
1
Lot
2.52 ac
Current owner
From public records · entity-resolved
Power Play Management LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2965 OAKBROOKE CT, WEST BLOOMFIELD, MI 48323-3547
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2024
—
Power Play Management LLC
Kassas Properties LLC
Quitclaim Deed
—
Oct 11, 2019
—
Power Play Management LLC
—
Deed
related
$500,000 · Bank Of Ann Arbor
May 8, 2019
—
Kassas Properties LLC
Kassa Properties LLC
Quit Claim Deed
related
—
May 2, 2016
—
Kassa Family Investments LLC
—
Deed
related
$350,000 · Bank Of Ann Arbor
—
—
Kassa Family Investments LLC
—
Loan Modification
related
$350,000 · Bank Of Ann Arbor
—
—
Power Play Management LLC
—
Loan Modification
related
$500,000 · Bank Of Ann Arbor
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 25200 Van Born Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
