Property profile

3031 Telegraph Rd Dearborn, MI 48124

OFF-MARKET
Grocery and convenience stores
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Property ID
US43-1037396
24,014 SF 2.5 ac Built 1949
Last sale Mar 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ 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?
$65k
Tax billed · 2023
Assessed value · 2024$972k
Effective rate6.68%

Value estimate

· Nov 2026
$685k
$617k – $754k
Submarket $/SF estimate$2.39M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$77 – $160

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.3
Hair Salon12.8
Daycare Center12.7

Location

3031 Telegraph Rd Dearborn, MI 48124-3241
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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
22680 Newman, Dearborn, MI 48124-1597 $800,000 Apr 2025 4,741 SF
25001 Michigan, Dearborn, MI 48124-1762 $1,300,000 Feb 2023 12,132 SF
1911 Monroe, Dearborn, MI 48124-2916 $300,000 Jan 2022 3,880 SF
24512 Michigan, Dearborn, MI 48124-1711 $440,000 Nov 2021 5,429 SF
24706 Michigan, Dearborn, MI 48124-1750 $400,000 Jun 2020 5,985 SF
2645 Monroe, Dearborn, MI 48124-3015 $650,000 Dec 2018 6,459 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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