Technical
Financial
Distress signals
Property profile

3735 Monroe St Dearborn, MI 48124

OFF-MARKET
Medical Office Space
Property ID
US43-1740990
3,626 SF 0.21 ac lot Built 1956
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1956
Construction CONCRETE BLOCKS
Total area 3,626 SF
Lot 0.21 ac (9,148 SF)
Zoning code BA
APN 82 09 341 01 002
UPID US43-1740990

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
  • Property Management Company
  • Physician
  • Pharmacy
  • Home Health Care Service Occupational Therapist

Location

3735 Monroe St Dearborn, MI 48124-3787
Dearborn metro Census 575401 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
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Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2016
3 recorded transactions
2023
Price N/A
2017
Price N/A
2016
$280,000

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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