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    Property profile & analytics

    25822 Van Born Rd Dearborn Heights, MI 48125-1701

    • Auto shops
    • 2,538 SF
    • 0.24 lot acres
    OFF-MARKET
    Last Sale
    Jun 30, 2022
    $150,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-5244255
    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

    • Van Born & Beech Daly - Goodyear Auto Service / Auto Repair Shop
    • Affordable Auto Works / Auto Repair Shop

    Property Details for 25822 Van Born Rd

    Year built
    1945
    Lot size
    0.24 lot acres
    Property size
    2,538 SF
    Property type
    Auto shops
    APN
    33 040 03 2191 000
    APU
    33040032191000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn Heights
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2899
    Latitude
    42.269
    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
    $6,390
    $0.00
    $0.00
    $98,200
    -
    $0.00
    $0.00
    $196,400

    Comparable in this City

    • Value Estimation by Request
      2,472 SF

      5729 Robinson St

      AUTO REPAIR, GARAGE • 2,472 SF
      5729 Robinson St, Dearborn Heights, MI 48125-3138
      View Details
    • Value Estimation
      $580,000
      7,555 SF

      4843 Telegraph Rd

      AUTO REPAIR, GARAGE • 7,555 SF
      4843 Telegraph Rd, Dearborn Heights, MI 48125-1936
      View Details
    • Value Estimation by Request
      1,400 SF

      21330 Van Born Rd

      AUTO REPAIR, GARAGE • 1,400 SF
      21330 Van Born Rd, Dearborn Heights, MI 48125-2754
      View Details
    • Value Estimation
      $760,000
      17,247 SF

      22840 Van Born Rd

      AUTO REPAIR, GARAGE • 17,247 SF
      22840 Van Born Rd, Dearborn Heights, MI 48125-2331
      View Details
    • Value Estimation by Request
      1,406 SF

      4413 Beech Daly St

      AUTO REPAIR, GARAGE • 1,406 SF
      4413 Beech Daly St, Dearborn Heights, MI 48125-1568
      View Details
    • Value Estimation by Request
      1,680 SF

      4640 Southfield St

      AUTO REPAIR, GARAGE • 1,680 SF
      4640 Southfield St, Dearborn Heights, MI 48125-3305
      View Details

    Similar Nearby for Sale

    • $179,900
      4,000 SF

      Auto Shop Business Opportunity

      Established auto and tire shop business for sale in Michigan.
      20916 Van Born Rd, Dearborn Heights, MI 48125
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    • $2,200,000

      Turn-Key Auto Repair Facility

      Fully-equipped auto repair building with high visibility and ample parking.
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    • Contact for pricing
      5,640 SF

      Telegraph Road Retail Investment Opportunity

      Fully leased retail property on busy Telegraph Road corridor.
      3901-3907 S Telegraph Rd, Dearborn Heights, MI 48125
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    • $300,000

      Retail Property with Expansion Potential

      NNN leased retail property with expansion and high visibility.
      23804 Van Born Rd, Dearborn Heights, MI 48125
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    • $239,000

      Corner Building with Drive-Up Window

      Well-maintained corner building with drive-up, paved parking, and loading.
      20640 Van Born Rd, Dearborn Heights, MI 48125
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    Similar Nearby for Lease

    • $1,195 /Mo

      Retail/Office Space For Rent

      Retail or professional space with parking and signage available.
      25442 Van Born Rd, Dearborn Heights, MI 48125
      View Details
    • $4,500 /Mo

      Retail Space on Telegraph Road

      High-traffic location with ample parking and signage opportunities.
      4807 S Telegraph Rd, Dearborn Heights, MI 48125
      View Details
    • $4,500 /Mo
      6,750 SF

      Dearborn Heights Commercial Space Available

      Versatile commercial space for lease in Dearborn Heights, Michigan.
      4650 S Beech Daly St, Dearborn Heights, MI 48125
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    • $2,000 /Mo
      9,821 SF

      Prime Retail Space Available

      High-traffic retail space in Vinery Market Plaza.
      3968 Pelham St, Dearborn Heights, MI 48125
      View Details
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    25822 Van Born Rd
    Dearborn Heights, MI 48125-1701
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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