25240 Warren St Dearborn Heights, MI 48127-2149
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Parkside Auto Service Auto Repair Shop
Sec. 36-56. - C1, neighborhood business district. (a) Intent. The neighborhood business district, designated C1, is hereby established to provide for local service and convenience shopping facilities to meet the day-to-day needs of persons residing in nearby residential areas. The further intent is to encourage the concentration of local business areas in lo…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Dearborn Heights, MISec. 36-56. - C1, neighborhood business district. (a) Intent. The neighborhood business district, designated C1, is hereby established to provide for local service and convenience shopping facilities to meet the day-to-day needs of persons residing in nearby residential areas. The further intent is to encourage the concentration of local business areas in locations proposed in the comprehensive development plan to the mutual advantage of both consumers and merchants, and thereby promote the best use of land at certain strategic locations and avoid the continuance of encouraging marginal strip business development along major streets. (b) Prohibitions. In order to promote neighborhood-scale business development so far as is appropriate in each area, uses are prohibited in the C1 district which would create hazards, offensive and loud noises, vibration, smoke, glare, heavy truck traffic, or late hours of operation. Unless otherwise specified, automotive-related services and other uses that would typically hinder pedestrian circulation or disrupt the functioning of this district shall also be prohibited. (Ord. No. H-07-01, § 3.106, 7-24-07)
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.