Property profile

5237 Oakman Blvd Dearborn, MI 48126

OFF-MARKET
Medical Office Space
Property ID
US43-1487073
5,625 SF 0.34 ac lot Built 1956
Entity Owned 4-yr Hold ~ 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 5,625 SF
Lot 0.34 ac (14,810 SF)
Zoning code BA
APN 82 10 171 15 022
UPID US43-1487073

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
  • Dental Office
  • Pharmacy
  • Pharmacy
  • Medical Clinic
  • Home Health Care Service

Location

5237 Oakman Blvd Dearborn, MI 48126-4045
Dearborn metro Census 574000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$538k
Blend (final) Blend
$375k

Owner & transaction history

since 2022
Last sale
$560,000
6 recorded transactions
2025
Price N/A
2024
Price N/A
2022
$560,000
2017
Price N/A
2004
$816,617
1969
Price N/A

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
Top alternative use upside
Restaurant $805,000 +35.9%
Office building $725,000 +22.2%
Retail stores $610,000 +2.8%

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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