Technical
Financial
Distress signals
Property profile

3720 Monroe St Dearborn, MI 48124

OFF-MARKET
Retail space
Property ID
US43-1376603
2,740 SF 0.12 ac lot Built 1953
Trust Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Total area 2,740 SF
Lot 0.12 ac (5,227 SF)
Zoning code BA
APN 82 09 332 29 023
UPID US43-1376603

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • (Bike/Boat/Book/etc) Store
  • Medical Clinic Skin Care Clinic

Location

3720 Monroe St Dearborn, MI 48124-3620
Dearborn metro Census 575300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2018
3 recorded transactions
2018
$275,000
2015
Price N/A
2012
$450,000

Zoning & alternative use

BA · Dearborn, MI
Zoning description

RESIDENTIAL DISTRICTS[1] ARTICLE 11.00 - R-P, RESIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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