Property profile

3712 Monroe St Dearborn, MI 48124

OFF-MARKET
Grocery and convenience stores
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Property ID
US43-1099480
2,376 SF 0.12 ac Built 1950
Last sale Mar 2018·$275,000
Trust Owned Owner of record is a trust. 8-yr Hold Held for 8 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?
$3k
Tax billed · 2023
Assessed value · 2024$105k
Effective rate3.01%

Value estimate

· Nov 2026
$275k
$248k – $303k

Realmo valuation models over county records and 12 qualifying comparable sales.

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
Qualifying comparables12

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?
BA
RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDEN...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.4
Law Firm21.1
Restaurant16.1

Location

3712 Monroe St Dearborn, MI 48124-3620
County assessor Recorded deeds · 3 transfers 12 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
2731 Monroe, Dearborn, MI 48124-3017 $700,000 Apr 2023 2,633 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
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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