Property profile

2731 Monroe St Dearborn, MI 48124

OFF-MARKET
Grocery and convenience stores
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Property ID
US43-1451526
2,633 SF 0.44 ac Built 1964
Last sale Apr 2023·$700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$354k
Effective rate5.88%

Value estimate

· Nov 2026
$875k
$788k – $963k
CAP approach$555k
Submarket $/SF estimate$982k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BB
SIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS ...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center12.7
Wholesale Shop11.7
Electrical Service11.7

Location

2731 Monroe St Dearborn, MI 48124-3017
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3700 Monroe, Dearborn, MI 48124-3620 $500,000 Jul 2024 2,366 SF
3815 Telegraph, Dearborn, MI 48124-3245 $250,000 Sep 2022 2,379 SF
22600 Michigan, Dearborn, MI 48124-2116 $715,429 Aug 2021 2,226 SF
940 Monroe, Dearborn, MI 48124-2310 $500,000 Jan 2020 3,200 SF
2807 Monroe, Dearborn, MI 48124-3474 $200,000 Feb 2019 2,355 SF
24200 Michigan, Dearborn, MI 48124-1836 $405,000 Dec 2018 2,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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