27320 Ann Arbor Trl, Dearborn Heights, MI 48127-1019
- Retail space
- 7,031 SF
- 1.11 lot acres
Current Use by Public Records
- Dollar General / Discount Store
- Western Union / Bank / Credit Union
Property Details for 27320 Ann Arbor Trl
- Year built
- 1998
- Lot size
- 1.11 lot acres
- Zone code
- C-1
- Property type
- Retail space
- APN
- 33 008 99 0023 000
- APU
- 33008990023000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 15, 2020 | — | Highland Ventures Real Estate LLC | Family Video Movie Club INC | Quit Claim Deed · related | $25M · First Midwest Bank |
| — | — | Family Video Movie Club INC | — | Loan Modification · related | $15M · J P Morgan Chase Bank |
Description
This exceptional 7,000-square-foot retail space is ideally situated at 27320 Ann Arbor Trail in Dearborn Heights, Michigan, within Wayne County. The property boasts a highly visible location at the northeast corner of Ann Arbor Trail and Inkster Road, ensuring maximum exposure to potential customers. Currently, the entire 7,000 square feet is vacant, presenting a unique opportunity for a single tenant to establish a prominent presence in a busy commercial area. The property is classified as a single-tenant retail building, offering complete control and flexibility for the occupant. The building's size provides ample space for a variety of retail businesses, allowing for expansive layouts and efficient operations. The address is 27320 Ann Arbor Trail, Dearborn Heights, MI 48127. Its prime location offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking high foot traffic and strong brand recognition. This property presents a rare chance to secure a substantial retail space in a desirable location with significant potential for growth and success. The property is categorized as commercial real estate and is available for immediate occupancy. The geographic coordinates are latitude 42.3517939 and longitude -83.3120027.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,247,000
- AI Estimate
- $1,247,000
Market price range: $661k - $1.33MMarket price range: $661k - $1.33M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $990,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,605,000 Change: +62% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dearborn Heights
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3121
- Latitude
- 42.3515
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
